This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

The question boils down to the simplest common denominator....risk tolerance.

If you are operating something like a Delaware Statutory Trust you are in a good spot, but that is not what it appears the OP was referring to.The simplest and most effective asset protection strategies have often included a Series LLC as the asset holding company and traditional LLC(s) as operating companies.

I've seen a lot of creative financing/asset class options here, but the simplest option is to pick a market with duplexes that aren't 500k.

Having a great list of trusted investors is a key ingredient that I offer to clients.

I had major issues doing the simplest of activities, I would procrastinate everything I did!

Thats the main ingredient to enjoyment. 

While the initial cost and taxes are less than in CA and more landlord-friendly in NV it's not quite as cheap as the Midwest.I'd pick the simplest strategy first.

Besides those aspect, I would say the team you work with is the most important ingredient when investing out of state.

The main ingredients of any good purchase.I 'made' 55% in 6 weeks.