How to feel comfortable with prop mng when out of state investing

[Avi London-Wynne]

Hi,

Me and my business partner are purchasing our first property and will be doing so from out of state. We have some concerns about property managers incentives, responsibility, and due diligence. It seems like there are so many potential problems that could occur without our knowledge that will destroy our cashflow and cause bigger issues or even liability down the road. Can anyone offer advice on how they feel comfortable investing from out of state, in terms of how they find trustworthy property managers, how often their properties are inspected, and how they try to be aware of maintenance problems that arise? Thanks!