Once I get a better grasp of the area, we'll start here.

Some examples would be volume pricing on capex items, maybe laundry facilities as extra income, bulk rate utilities, insurance, etc.I don't own any large units like these so I'm just grasping at straws here.

Charles and Sue, I am really trying to get a grasp on the flipping aspect.

What I don't have a good grasp on is whether modernizing it and turning it very luxurious will translate to the same amount of added value at the end.

Many listing agents won’t handle the buyer of their own listing because it is too easy for a buyer to assert they were misled or didn’t fully grasp that the listing agent represented only the seller.

He or your 1031 exchange company should have a in depth grasp on the positives and negatives of a DST.

Any insights welcome here and feel free to blow up my structure because I know I've got a pretty loose grasp on all the concepts here.

@Yang ZengYour situation presents a common dilemma for real estate investors: deciding between investing locally where you might be more familiar with the market but face high property prices, or exploring out-of-state opportunities where properties may be more affordable but come with their own set of challenges.Here are some considerations:Risk Tolerance: Take into account your degree of comfort and risk tolerance while managing properties remotely.Objectives: Specify your investing objectives, including cash flow, appreciation, or a combination of the two.Market study: To fully grasp the development potential, employment opportunities, and rental demand of prospective out-of-state markets, do in-depth market study.Hybrid Strategy: Another option is to choose a hybrid strategy, where you invest in a combination of local properties for stability and simpler management, and you set aside some of your portfolio for out-of-state properties for diversity.Before making a decision, it's essential to consult with real estate professionals, conduct in-depth market research, and possibly network with local investors in the markets you're interested in.Remember, there's no one-size-fits-all answer, and the best strategy depends on your financial goals, risk tolerance, and personal preferences.

It's important to have a good grasp of financial concepts such as cash flow, ROI, market trends and expenses.

It is difficult for me to grasp certain things without being able to witness it or experience any real transactions.