s postsSo far I haven't had any issues with my tenants here and my properties are located in a very pro-tenant law city.

Holding costs if renovation will be required (interest, builder's risk insurance, permits, porta-potties, lender draw request and/or inspection fees, etc.)

You always have to watch for scammers but they aren't that big an issue.

I’d recommend keeping the funds separate for each property to avoid any potential co-mingling issues.

Depending on what the issues are with the credit scores I might consider lowering my credit requirements.

But if your property is in good shape and you have reserves for unexpected issues it might be fine. 

We've considered offering a discount for doing so but so far we haven't because for the most part everyone pays on time with no issues.

I expect you will need a permit and not be issued one. 

@Venecia BaezIf you can invest locally do that if not look elsewhere. 9 times out of 10 when people are stuck and unable to take action I usually see people worrying about things that either won't happen or aren't an issue.

At the same time I have my current home as an asset to rent out if my HOA permits it.