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Pros and cons of buying out-of-state rental property in 2022

Housing Wire

You want to invest in an area with a higher demand for rental properties. Some areas have lower property taxes and expenses than others. You found a property you love and may want to retire to one day but will rent in the meantime. If you invest outside your state, you may want to hire a property manager.

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Medical Professionals Moving Guide: Healthcare Relocation Resources

Raleigh Realty

This not only includes differences in housing pricing, but also food, income taxes, property taxes, and the like. There are numerous avenues to use for short-term housing such as fully-furnished homes, long-term rentals with Airbnb, or using a local property management company.

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