To answer your question yes its enough but in many cases it might be risky.2. location, room to raise rents, occupancy of property, local laws, type of investment are just a few topics that play a huge part. 

So for a Qualified intermediary, I see that you are, does location/state matter?

But the property could be an incredible deal and also would be a very special property do to its location and potential to be brought back to life. 

People are now locating their properties and trying to find people to manage or even if they have tenants, who is paying, who is not and finding the homes to be in sub par condition.

Based on a gut check (checking the town population + location on google maps), this may be the case. 

Any suggestions would help please Colorado Springs has some weird regulations about this depending on which county it's located in so be sure to check in with the planning department in the specific county you're looking at.

I am located in Boston, MA and may be interested in including my furnished unit.Thank you,Jesus 

In my experience, it depends on which part of NE you are located.

This in conjunction with inventory increase, I don't see price appreciation in balancing markets without primo location. 

I am debating using my local lawyer vs. finding a lawyer in the state where the property is located.