If you've got to ask a question on an online forum about managing an out of state or out of country renovation, you aren't ready to do this on your own.

Petersburg in the beautiful sunshine state that we call Florida, contact me!

A great deal of accountants work with out of state clients.

I believe it is completely reasonable to have a clause in your lease that places a cap on utilities with any overage (proven by a bill) being the responsibility of the resident.Our clause states that any electrical bill (we don't have gas, and water has never been a problem) that is over double the same month's bill from last year will have the overage assigned as a fee.It is important to keep your bookkeeping straight if you do assess a fee.

Whether you're a local or considering investing from out of state, I believe Albuquerque has some unique opportunities, but as always, there are factors to consider.1.

@Steve Babiak, unless he registered with Pennsylvania as a contractor, he would not show up on there, the company as the OP stated is from NJ where he would be registered. he should be registered in PA if he is doing work there, so i agree, he should have shown up on those sites, i am a contractor in NJ but do not do work in PA, not even my own properties, so i do not show up on those sites.

I think I'll start out where I live and probably branch out outnof state once I build my knowledge and experience. 

That said, I wanted to share my story about how I found an out-of-state property, got it rented, and set it on autopilot.BackgroundI’m in my late 20s, living in a very high cost of living city and working in tech.

Her son is planning to move out of state for work, at which time she would like to downsize to a smaller home. 

Thanks for the feedback; some quick stats: 9 doors across 4 states, about 50% LTV ratio with a Net Income of about 17% and cash on cash of about 3%.....in fairness those numbers include some overall business expenses not tied directly to one specific property.