Investing in real estate without a strategy is not a wise move. Simply buying a property in the hopes that its value will increase is a risky gamble. It's important to remember that just because a property is physically accessible to you, it doesn't guarantee that it will perform well financially. In fact, it may even underperform compared to other investments in different locations. A well-crafted strategy, backed by market research and expert advice, is the key to successful real estate investing.

• Location independence: Investing in real estate in a different location than where a physician lives allows them the freedom to live and work where they feel happiest, without being tied to a specific property or location for investment purposes.
• Financial opportunity: Investing in real estate in areas with strong economic growth and rental demand can provide higher returns on investment, which can be beneficial for building long-term wealth.
• Tax benefits: Remote real estate investments can offer tax benefits, such as deductions for mortgage interest or depreciation.
• Diversification: Diversifying real estate portfolio by investing in different location can help mitigate risk and maximize potential returns.
• Professional management: Physicians can hire professional property management companies to handle the day-to-day responsibilities of owning a rental property, which can be a great way for busy physicians to invest in real estate without having to deal with the day-to-day responsibilities of property management and allow them to focus on the location they live and work.