@Amanda King  here are some best practices for you to followRecommended Best PracticesWritten Relocation Notice  I would provide tenants with Dates/Times of tenting, how long it will be uninhabitable, rent proration method used, relocation assistance program terms (Caps, reciepts, deadlines,) and deliver my certified mail, email and posted on the property at least 10 days before tenting.Standardized Assistance FormHave tenants submit, Name / unit, Contact info, Hotel receipt(s), Signature acknowledging termsClear Assistance TermsDraft language such as:“Landlord agrees to provide relocation assistance limited to actual lodging expenses incurred during the pest control displacement period, with original receipts, up to $200 per night for a maximum of 2 nights per household.

I'm doing the groundwork - learning the market, studying neighborhoods, practicing deal analysis.

Be open to participating in real estate meetups, online forums and social media groups they are great for the practical part of your learning and even for your networking, so you can definitely broaden your perspective.Good luck!

In my case, management fees and/or vendor payments are withdrawn by mid-month but they refuse releasing funds until the very last day.Is that practice normal?

-sourced income and how long it’s been establishedResidency status (dual citizenship helps, but lenders still underwrite stability)Liquidity and reserves, especially on investment propertyIn practice, most first-time investors relocating from outside the U.S. find that:Owner-occupied or smaller properties are much easier to start withInvestment loans can be available, but terms, leverage, and lender options vary widelySome lenders will simply say “no” because it’s outside their box, not because it’s impossibleMy advice would be to get clarity early on what category you’ll qualify under (owner-occupied vs investment) and build relationships with local operators and lenders who understand the Syracuse market specifically.Happy to answer general questions or help you think through what to ask lenders so you don’t waste time early on.

A cleaner approach is selling his home, relocating him closer in a modest place or rental, and preserving liquidity.

I am curious if anyone has had success in other areas let me know.We are thinking of relocating as it looks like there is no end in sight for this.

Hey BiggerPockets community,
 
I recently joined and I’m looking to start a thoughtful discussion around out-of-state property ownership and management.
 
I’m especially interested in hearing from investors who:
 

Ow...

Hello everyone, My current tenants are relocating for work and moving out soon.

Regarding neighborhoods, again depends on your lifestyle since you'll be living there, loan program and budget.We work with a lot of investors and first-time home buyers from New York and other states who relocate to South Florida, so we know how important it is to be a trust-worthy team for someone from out of state who relies on us and our preferred partners in the local market.