LB
I once owned a rental property out of state
Managed by a company
Even though my effort was minimal (management took care of everything) it wasn’t worth the ROI and I was lucky to get out of it without losing
Word of advice
If you are asking about paying taxes ( or you don’t know what roi is )then you aren’t ready for this.
Owning second homes is for good business people or people who don’t have to worry about paying taxes.
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