Purchasing Investment Property Out of State

[Nathaniel K.]

Hello everyone, 

I am looking rigorously to purchase my first investment property. I am leaning towards the direction of Section 8, due to low barrier to entry and guaranteed monthly payments. I understand the risks and things to look out for. My issue however comes at the fact that I am looking to purchase out of state. I live in Southern California and am looking to purchase in the Southeast Midwest states. What are some pointers, things to know, and tips for purchasing properties out of state? Is it a difficult process? Should I be concerned?

Your replies and insight is greatly appreciated! 

Best, Nathan