For most people getting an LLC is relatively cheap. 

If you're looking at Cleveland from LA, everything probably looks like a great deal to you since everything out here is so cheap.

And investing in cheap homes is absolutely fool's gold. 

I worry about a renter with a good rental history being to cheap to put anything in but his grandmas avocado green range, cause it still "works".Not providing appliances in my area would also be a bad plan causing extended vacancies.

.#8 I would consider your inspection cost a very cheap crash course in buying long distance investment properties. 

Being cheap about repairs leaves you with unhappy tenants who will not take good care of the property because you don't.Send a licensed plumber ASAP.

They buy up lots in nowhere that you can do nothing with and then act like they've been liquidated by the government so they can sell them off supposedly cheap.

Every month of the year has nice average weather.It certainly is not cheap to live in San Diego (fortunately that is no longer an issue for me).  

Protecting yourself from any future issues will require a good understanding of the situation your house is in when you buy it.Tl;dr: crime here is relatively low, declining population numbers don't take students into account, properties are cheap, rents are high BUT be careful where you buy.This concludes my TED Talk, ha!

If you are a wine drinker like me it's been great - I remember how bad all cheap wine used to be - but I can see a big difference in the popularity from 20 years ago.  2 buck chuck !!!