The area that you choose can be a perfect fit, however, if you don’t have a team it can be a nightmare.4.

I have a million questions on things like tax implications of out-of-state investments, whether or not to use an LLC, and more.I'm interested to hear how others approached this, and what order you decided to build your team (as well as when you purchased your first property in relation to this).

Your relationships and team are everything when investing long distance. 

You don't have to invest alone, build yourself a reliable team!

Develop a team in the area you invest in with a great lenders, PM, and broker.

We also have team meetings every Monday Morning at our downtown office.

You could also try title companies, trying to be on an escrow officers team.

There are tons of great mgmt teams as well as a good number of ones to avoid.... 

@Monica Labrada, If you're interested in investing in multifamily in the greater Tampa area, having a local team in place can be one of the most important factors in making sure your rental property is profitable.Having worked with @steverozenberg, Bigger Pockets contributor, professional real estate investor, and Head of Investment Education at Mynd Management, I've learned that not having a local team can be one of the biggest drains on investors return on investment.

Hey guys,I'm in the process of closing on my first rental property and am in the process of building a reliable team prior to rehab and tenant-vetting.