@Kyle Carter People hit on the obvious, hype and excitement of a large name company like apple moving to an area. 

I have a mobile home park in Idaho which will have an onsite property manager.

STR Property management is common and I know a lot of folks doing this.  

Hi Myles,I found myself managing about 20 rentals through my brokerage at one point.

If its just deed than an attorney can redo deed and charge a recording fee but if a payment missed and mortgage company finds out they can request a total loan repayment.  

Property Management Is Still WorkEven if you only have one or two tenants, you’re still a landlord—which means handling maintenance, lease agreements, and potential disputes.

You add your coverage yourself online and can see all your properties listed on one screen to manage them.

The key to investing out of state is finding a good property manager.  

The local who lives there but commutes 30-60 min to another community because they can’t find a job to support their family in their town.That same local knows that a 4plex would be great on that lot that’s been vacant for 20 years and that there are at least 4 families who could benefit greatly from that development.That local knows that Ryan’s plumbing and Katie’s electrical companies that service 75% of the town really needs a new flex space to use as a shop, storage, and parking for their business so that they aren’t working out of their garage and can hire a couple of locals to work with them at the office and in the field.Development is different in our small towns but if locals aren’t the ones doing it, and developers aren’t coming, what happens to our kids futures?

However, this allowed me to gain initial experience and confidence without being overwhelmed by managing multiple platforms simultaneously.