Also know that C-corps are double taxed... you might want to consider an S-corp or an LLC.  

Its always striking how often small time landlords won't call me back when I call about a past or current tenant.I always return calls about my tenants as soon as possible because I know how important it is for landlords to get a timely response as they consider an application.I'd say they are hypocrites, but they are not necessarily since some may be the type of landlords who are too lazy to call landlords references when evaluating an application.

You might consider an assistant to a Commerical RE Agent (CCIM) /  Realtor who does MF (MultiFamily).

I consider an emergency to be something that renders a unit uninhabitable according to state law.  

There are a lot of con artists in the world who rely on doing their con on you face-to-face.I vetted scores of tenants over 8 years there, so my point is just that it's not an automatic bad risk to consider an out-of-state applicant, as long as you use the same great criteria.This is just the trend of the world, like using Skype and online banking, etc.  

Consider an alternative.

, what do you consider an acceptable ROI in your rental property business?  

Id consider an LLC or some corporate form as well. 

Consider an alternative: give notice, leave, and be thankful for the free ride you have enjoyed for so long.

Account Closed, it depends on your long-term goals, but if there's a similar cash flow possibility, why would you consider an area where you might have to sink in more money for capital repairs?