Would you be able to evict if they don't pay the ground lease? 

Quote from @Jerome Morelos: Quote from @Robert Ellis: Quote from @Jerome Morelos: I recommend converting an existing space, like a detached garage for example, rather than building from the ground up.

For a beginning investor, I'd recommend more turnkey properties to get your feet wet while you build trust in your boots on the ground.

I have a large network plus in depth knowledge of the process to get a project like this off the ground. 

utah is ground zero for these enterprises. 

We've built, ground-up, several homes and my mortgage company finances tons of new construction projects.

The main criteria to evaluate this is when did you complete the start-up phase and became actively engaged in business?

You would likely have to do a ground-up construction for a design you are proposing.

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. 

Then in 2020 it turned out cashflow wasn’t guaranteed, the government could burn your cashflow to the ground and you could lose everything.