However, I’ve been hesitant due to challenges like remote management, high interest rates, and low cash flow.

Quote from @Ram Ranga: Check the above toolbar, 4 in it shows property managers, this will get you a few and you can request their information.  

-Vacancy, maintenance and capital expenditures will need to be accounted for-Will you self manage or use professional mgmt ?

However, I’m wondering if anyone here has had success investing OOS in locations hundreds or even thousands of miles away and still managed to maintain solid cash flow.Have you been able to overcome the challenges of investing in a distant market, and what strategies or systems have worked for you?

If you end up not enjoying managing it yourself, check out Padsplit as a management option. 

Talk to @Allen Duan - he manages numerous MTRs in the Las Vegas area and knows it very well.

We source off-market deals, manage rehabs, and handle property management so investors don’t have to be local to make it work.If you’re thinking about BRRRR remotely, the key is getting your team dialed in before you buy.

I do have an onsite manager that collects rents and shows the units for discounted rent.

Those come directly from the builders/sellers listing on our site and the property managers that manage the properties (which there are always multiple management recommendations to choose from).

Akash, you said " I want an STR nearby (I live in the bay area) so I can manage it better."