Owning real estate in your local area offers convenience and ease when it comes to management, but real estate prices and available investment opportunities mean it may not always be a feasible option.
Buying an investment property far away can be a great way to find cheaper real estate (which can provide a higher return on investment), diversify your portfolio into new markets backed by high demand, and access more investment opportunities because of less competition. But before you buy, here are seven things to consider.
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