Once you step into out-of-state investing, the biggest shift isn’t the property — it’s the systems and people you put in place.I self-manage a few long-distance properties, and here’s what it really takes to make it work without losing your sanity:1.

You see the same people posting the same post every few days trying to get some inexperienced people to pay them for their knowledge and no moderator does anything about it.

However investment properties are supposed to make money, not lose money.  

It’s been really interesting to see how differently people structure their flips and partnerships.One thing I’ve learned is that strong communication and transparency go a long way, especially when you’re trusting others to execute the plan.

What's your favorite way to apply leverage? 
Using whole life insurance was a big unlock for me; pairing it with the right turn key provider in the right location adds a nice passive layer--interested in other creativ...

Selling feels good today, but you lose the long-term cash flow.Prices pop up and down, but rent rarely goes backwards.

Sophia, this is an ambitious plan, and honestly, with your W2 strength, credit profile, and experience, you’re in a much better position than most people trying to pull this off.

I want to make sure I don't purchase then end up in a situation where I am losing money month over month, just to save on my taxes. 

@Josh Hall  Definitely lose the posts.

Lots of advice in this thread....Unfortunately most of it is from people who don't know their butt from their elbow when it comes to what goes into doing unit turns.