Buying properties out of state * safely *

[Nick Alexander]

Hello all, I am new to real estate investing but invest professionally in the stock market. 

I am based in NY and realize that finding opportunities here for any potential for positive cap rates are practically non existent. I am looking outside, preferably Florida as I would like to consider moving there some day in the future. 

Besides finding a reputable property manager, what are some other things to consider when dealing with purchasing properties thousands of miles away from us (the investors). 

I am open to both residential and NNN options. I noticed one with a BK franchise that has a 15 yr term with built in increases.

I have no idea about operating a NNN property besides the fact that I would like enter the real estate field while minimizing the potential for issues since I will be quite far away for the foreseeable future. 

Thank you for reading my first post and hoping to become part of the fabric of this forum.