Are you referring to personal losses or other people had losses?

Some people are okay with less others wouldn't touch it for that much.

Does anyone have experience employing out of town people with 20 plus years experience ? 

If you have three people renting together, combine their incomes into one to see if it meets the 3x requirement.However, nothing is that easy.

I’m trying to move away from it, but was wondering if other people knew how to do it

Many people don't want to self manage from out of state, and professional managers can suck up alot of the cash flow, and not do as great of a job as you would've hoped. 

Too many people try something for a short time and are looking for the magic bullet strategy but the true winners in real estate are those that do one thing a bunch of times over a long time periodHope that helps!

I've just heard that from many people over the years.In general, SC is experiencing an economic renaissance, so it is a good time to invest here. 

People are still sleeping on it! 

From watching the market and myself investing in Bryan/College Station, people are still renting out these properties nicely.They can be leased as a whole or rented by the room and are usually in great areas, close to the university, grocery stores, and restaurants.