Skip to main content

The Wealth Elevator

Remote Rental eCourse: How to Buy Your First Out-of-State Rental

Free · 12 lessons + 3 bonus pages · about 2 hours of reading · Updated November 2026

This free course walks you through buying a single-family rental in another city and having it run by a property manager. It follows the order you actually buy in: pick a market, run the numbers, vet the provider, line up financing, inspect and insure the property, operate it, then plan for taxes and your exit.

I'm Lane Kawaoka. I bought my first rental in 2009 and later owned rentals in Atlanta, Birmingham and Indianapolis while working as an engineer.

How to pace yourself

Our old group coaching program was built as a five-month plan, from the first lesson to the first rental. A similar pace works on your own: one lesson and its coaching call replay every week or two. Write down your goals before you start.

Several lessons include the replay videos and written notes from those coaching calls, free.

What happens when you join

  1. Fill out a short form at the club page. It's free.
  2. Book an onboarding call to talk about your goals and how the community works.
  3. Keep learning through member events, the podcast and member education.

Talk it through with us

New to remote rentals? Compare notes with investors who bought their first out-of-state rental the same way.

Join the club and book your onboarding call

Joining is free.

Frequently asked questions

Is the Remote Rental eCourse free?

Yes. All 12 lessons and the bonus pages are free to read, with no sign-up required.

Who is this course for?

New investors who want to buy a single-family rental in another city, usually a turnkey property, and have a property manager handle the day-to-day.

Do I need to live near my rental?

No. The course is built around owning rentals in other markets, with a local property manager running the property.

What is a turnkey rental?

A home that a company has already bought, renovated and often rented out before you buy it, usually with property management in place.

How long does the course take?

About two hours of reading, plus optional coaching call replays on several lessons.

Is this investment advice?

No. It is educational content. Talk to your own CPA, attorney and advisors before you invest.

Your First Rental Property podcast cover art

The podcast behind this course

Your First Rental Property

Short episodes for new investors on buying and running out-of-state rentals: markets, numbers, property managers and the mistakes to skip.

Listen on Apple PodcastsWatch on YouTube

This content is provided for informational and educational purposes only and does not constitute an offer to sell or a solicitation to buy any security or investment product. All investors must review and sign the official offering documents, including the Private Placement Memorandum (PPM), which governs and supersedes any prior communication. Tax and legal outcomes vary by individual circumstance. We do not provide tax, legal, or accounting advice—investors should consult qualified professionals before making investment decisions.  Click Here to see full disclaimer.