Long-distance or close to home investing?

[Pj Arora]

I am thinking of getting into multi-family specially 4plex to start with. I wanted to go local but the price tag too high in Dallas, TX area. If I go within 4-5 hr drive I can find better deals. Although I will be giving it out to the property management to manage but at least I can go and see the property if it closer than not being able to drive to the location if it is truly long-distance. What do you guys think which way to go, long-distance or within 3-4 hr drive?