At some point in the distant future I plan to get my license so I can have quick access to MLS deals, but for now it’s proving more beneficial for me to operate as an investor and landlord independent of a realtor.

.* Often new investors are advised to stay local when making their first forays into the market, however what do you do if the areas which interest you the most, the ones that seem to be experiencing the best growth and appreciation, are distant?

Do you have any long distant investments?

"Consideration" is an essential part of any contract, meaning that something of value (normally money) has to change hands to make the contract a binding document.If I read your post correctly and no money has been received yet, then technically, you don't have a contract.I have a distant memory from my business law class (over 20 years ago!)

We do have a lot of luxury high-rises going up that are basically walking distant to TAMU campus.

It is harder to learn a distant market. 

What we where forced to do when Atlanta got too expensive was to move to distant small towns buy ugly and cheap.

They just sit there collecting dust, waiting for their turn for the scrapyard or to have parts taken from them, or perhaps the distant chance that one day all hell breaks loose and we need thousands more military planes to defend ourselves.

All they really need is a handyman and cleaners.High fee short term rental property management is going to go extinct in the not-too-distant future.Originally posted by @Brittany Tompkins:Thank you so much for the advice!

You can even test a portion of the lists if you are tight on budget to compare response rates.My very first deal was a 90 or 100 mailing to distant owners (far away from their property to be pain in the neck).10% response rate on the phone.