One your loans will be a higher interest rate, next you will have annual filings, the cost of a registered agent every year, and items like that. 

He's got the #1 investor podcast in your area, his property management company is first rate, and he's a great guy.

I goal is to find a market that has good appreciation rate with good to decent cashflow but out of the two appreciation matters more to me.

An interest rate that works for her. 

Our actual carriers used to be Secura, but they seem to be getting out of a lot of insurance lines or pricing so high as to have customers drop off, and we just moved policies in Nov. to Hanover Insurance. 

many houses in the midwest, for example, are very old and need major rehabs.i personally think out of state investing is more difficult than advertised, and much more difficult in the current investing environment, with: prices high; interest rates high; tremendous demand for inventory, by both investors and retail buyers; and good PMs, contractors, etc. booked up.here's a really thoughtful thread with the experience of another CA investor and lots of different responses:https://www.biggerpockets.com/forums/12/topics/1215726-break...and here are some threads about how it can very easily go wrong:https://www.biggerpockets.com/forums/48/topics/1159104-overl...https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/48/topics/1137397-balti...finally, you also said you "don't have a lot of money to start with." 

That is something that could make sense in the short term while rates are still high.

A lender, "how about interest rates, wow."

However, before deciding on a DSCR loan, it’s important to analyze your existing first mortgages—including their rates and the current loan-to-value (LTV).

Probably need a full time manager, but not really big enough to do that unless the rates are super luxury I would think.