But it does give an easy way out for busy out of state heirs who don't want to deal with organizing with other heirs to redeem the property, put it on the market and split the proceeds.

It affects the marketability/value of the property. 

or get good tenant for around 1200$ on vacant unit (i reduced rent from 1350 to 1200 as not much interest in current market) and hold few more years absorbing repair costs and contractor issues, trees issues, retention wall issues, tough neighbor issues, loud music, tobacco etc. smell issues, dogs barking issues.7.

Most can provide a rental report to see how much properties are renting for in your area and how long properties are staying on the market. 

On the surface, it might seem cheaper to hire a PM company, but when you factor in vacancies, maintenance, and under-market rents, you’ll likely come out ahead by managing it yourself.I used to work for a local investor with 500+ units, all in one town.

You can get screwed on changing markets and unreliable contractors though.  

I have gotten two very good clients that way.. this way I dont spend a dime on marketing they come to me :)

Check local rents (Zillow, Rentometer) and cap rates—Cleveland’s market favors long-term stability.

I have an investor friend who is a very successful wholesaler in a market, (south FL), that is crawling with wholesalers. 

I'm not super familiar with the real estate market in Couer d'alene like I am with East Idaho or even southern Idaho or the Treasure valley.