“I’ll lose money on hidden or unexpected expenses.”Regular financial reporting, full disclosure of fees, and proactive maintenance planning make expenses predictable and transparent.Out-of-state investing doesn’t have to be risky — it has to be planned.The right systems, communication channels, and local expertise can turn what feels like a gamble into a scalable, stress-free investment.If you’ve been considering expanding to new markets but aren’t sure how to overcome these challenges, I’d love to discuss your concerns and share what’s worked for other investors.

@Andy Horobec, I think the co-living situation is great for some & indifferent for others that depend on the situation.In general, I'd always ensure that any potential property consider still meets the general criteria for what you consider is a deal as if you were renting it out as a regular SFH.Many people got caught up with this in regards to AirBnB, then I feel like oversaturated the market.

You'll first want to see what your profit and loss would be for the year after accounting for all expenses including regular depreciation.

You can propose your rent amount like you would with a regular tenant, but it has to fall within their payment standards for that zip code and unit size, and they’ll confirm it’s reasonable compared to other rentals nearby.

I would guess that if you are having posts removed on a regular basis, you are probably always treading right on the edge of self promotion. 

Currently have savings and still saving with my salary job but takes time and multi family properties in my area are hard to make cash flow using regular bank conventional or fha loans.

It has two wells that provide water. septic is a holding tank regularly pumped  I am a mechanical contractor doing plumbing and hvac/r.

Quote from @Jonathan Khalily: This should be something that you can do less regularly, and a bookkeeper do for you if the money is coming into one account with the units you hold in your name/LLC.

There is a reason that successful hotel chains regularly renovate their interiors - trends change and highly utilized furniture and furnishings get damaged, worn and need replacement.

I'd also look for deal flow by connecting with agents, wholesalers, and other investors so you’re regularly seeing properties before they hit the market, and creating more opportunity.