For my local PA market:Pros:-Great cash flow-Good local laws-I grew up there and know who the good tradespeople areCons:-It can be harder to self-manage when you're not there and most PM companies suck-It can be tougher to get good deals when you're not physically there and the competition isI keep buying property in my PA market and so I'll be moving back there to be my own boots on the ground. :-) Plus it will be easier to secure more deals. 

This trade has done a number on my body physically and I need to start thinking of my future and supporting my hopes and dreams.

This trade has done a number on my body physically and I need to start thinking of my future and supporting my hopes and dreams.

She's physically disabled and needs a ramp built immediately.

My point is makes sure your addresses for payroll, mail and motor vehicle match your physical location.

I am physically located in WA state.

I was told by our local HUD representative that we would have to fill out a HUD form 2530 and go through the Transfer of Physical Assets process to complete the purchase of this property, even though we are not going to purchase this property with a HUD backed loan.  

You still want someone local to have a physical key in case of emergency to get in. 

But they cannot do it since I cannot be physically present.

I don't plan on seeing the property physically.