I know the landlord tenant law situation in Minneapolis is not great, but I don't think you have enough of an economic delta to make it worth while to go OOS.

I am also becoming an agent soon and it is an illegal practice of law to draft a lease agreement as an agent and one could loose their license.

Knowing zoning laws, property taxes, and landlord-tenant laws will help you navigate potential pitfalls.To expand your knowledge, engage with real estate investing websites and forums such as Bigger Pockets.

I would avoid Holly Hill, Daytona's ghetto, like the plague because the oldest profession seems to be a major profession there if you know what I mean.The Daytona area is a bit or of my way, and my brother-in-law had frequently complained about finding a nice property that turns out to be in Holly Hill.Nearby Ormond Beach and Port Orange seem like nice communities in comparison.

@Thomas S.Setting standard to violate laws is illegal.

I am no expert (hence posting here) but the bit that I have read seems to indicate that if the business is located in CA and operating in CA (as is the case since the property is in CA), the business is likely to fall under CA laws in the event of an issue. 

., Berkeley or Oakland - the laws are very pro-tenant.

It might be interesting on how to tackle landlord/tenant laws.

Best to meet with an attorney on this one before you do something against the law.

The numbers look OK, but I am worried about tenant protection laws in this blue state.