Getting into apartment building as an investor, please advice!
I have few SFH in my portfolio (all remote). I'm thinking about getting into apartment buildings and play the add-value/cash out refinance to get better cash flow and leverage.

I live in an expensive area in California; I can't afford buying local. Besides, local properties don't cash flow well and the laws are unfriendly. Do you recommend investing remotely? If so, should I focus on stabilized properties, class B or C ? Should I stick to bigger cities? If I should syndicate, how to attract GP or LP?

Sorry I'm so perplexed. I hope to  have a step-by-step guide.
[{"id": "i3bsoja", "text": "No, you should not invest remotely as trust issues is a big concern of many clients in this field. And if you want then invest in class B and small cities first to have an impact and to get a good response.", "replies": [], "depth": 1}]