Not sure about MTRs.My general conclusion was that it is tough to do business in the town if your goal is to buy property as pure rentals out the gates and no intention to occupy.

I used to do BRRRR strategy here but now only do flips and help with others' house hacking or flipping.I had to move my BRRRR strategy side of the business to Tyler Texas.Are you still investing locally or only out of state?

.  ;-)  I created an EXTREMELY specific business model and repeated it.  

So, yes, you can absolutely have a great rental business as an out of state ( and even international ) investor, as long as you have a solid team that are your boots on the ground. 

Keep personal and business finances separate to create less headache.You should also do the following to make your bookkeeping easier:- File all receipts in a dedicated Google Drive folder.

They'll be your best friend & business partner in making sure the property performs and gets the attention it needs to keep tenants in place for years to come. 

Quote from @Bruce Woodruff: I assume you;re talking about a model like this? 

Quote from @Rafael Ramos: I’m Rafael, a business owner based in Florida, and I’m looking for some advice to craft the best real estate investment strategy.

Hopefully I could even provide some sort of value to this group and most definitely do business with some of you.

My Edreco, I want to stay optimistic, but after 20 years in the business, I see a few concerns with your strategy—especially buying condos.