Real Estate While Living Abroad

[Jason Mott]

Good morning all! I am currently living in Dubai, but my wife and I are very interested in getting started by purchasing one house somewhere in our home state of Iowa and renting it out. We will have to hire out the management of the property because we will not be living anywhere nearby. Has anyone had experience with a situation like this? We are looking to build up a few properties slowly over several years, but we will likely be living overseas during that time. Will we be losing too much of our income to property management? Can property managers deal with tenant issues that we might experience?