In general the best (most profitable) angle, although the most difficult, is to sell the totality of units as a package... which requires everyone to be on board to sell.

I am a graduate of Rose-Hulman Institute of Technology as a Computer Engineer working from home as a NoSQL database developer although most of my career has been spent as an automation and systems engineer.I am a new player in the real estate game having started the marathon just 2 years ago when I attended a Guru real estate seminar.

Reason being, you're elderly tenants will have difficulty relocating and you want to give them enough time to prepare.

Think you'll have difficulty with most lenders and Tile Companies in trying to use a "Quit Claim Deed" in Texas.

How difficult is it to manage 40-60 units as an out of state investor?

I recently quit my W-2 Job an am now having difficulty being approved for even a small conventional loan and looking for advice or tips. 

One of my tenants decided to rant and rave at the currency exchange staff when she was unhappy with having to pay the rent and blame them for her difficulties. 

Technology advancements such as email, phone calls, skype has enabled communication with a remote CPA to be seamless.

Technology advancements such as email, phone calls, skype has enabled communication with a remote CPA to be seamless.

Personally I don't like dealing with the government and the difficulties it imposes and do not accept vouchers.