Out-of-State Investing; Tenant Relations

[Zach Stanard]

I have a specific market in mind, though it is early in the planning stages and I haven't yet set foot in that market. (I will be taking a trip there later in the year to check things out.)

What I Wanted to know was what are the tax implications of owning a property - an income-producing property - out-of-state? (I would have to reach out to my accountant for more detailed information, I know.) Have you found any tax-related problems pertaining to this?

I am thinking as of right now, based on some of my preliminary planning, that the property(ies) that I invest in would likely be rentals. Possibly rental-to-flip. 

I am also wondering about tenant relations as I am out of state. What would a PMC charge for services? Would having a PMC be a workable system? Can they put a lien on my property?