Competition is definitely lower as well as prices, but distance is usually a factor for most people.

I’ve been operating a long distance STR and these licenses largely benefits operators.

Hi All,I am considering distance investing due to the cost of entrance being a little high in my locale.  

What you have to remember about Awning and other estimate sites is that they are pulling averages based on a specific criteria, whereas they cannot differentiate the decor, neighborhood, distance to various attractions etc.

However, before you do anything or speak with anyone, read "Long-Distance Real Estate Investing" by David Greene.

I would say you might want to distance yourself from this rental.

Welcome to BP - are you investing in the Louisville market or looking at other long-distance markets?

Distance from closing. 

And the further you distance yourself from a deal, the more difficult they become.With that said, truly investor friendly agents are really rare you're likely going to have to do more work on your own by visiting the spots with any agent if you need representation and talk to several companies for quotes on what things cost to fix in that locality.

But of course, living in Pueblo would present issues commuting to work and also, from what I've seen and read about, possesses less potential for growth, has higher crime, and will demand lower rents.I'd love to get a MFH  but they're prohibitively expensive in CS and I don't want to get over-leveraged for one, assuming I could even qualify.