Plenty of people invest remotely, and as long as you have modest expectations (not chasing the highest possible yield), and are using light leverage, and don't get suckered into buying in a part of town that you wouldn't feel comfortable visiting in broad daylight, plenty of people do this and do... fine.

Although things will change this year, between HELOCs, 1031 Exchanges, and a Business Partnership, I'm up to 15 doors (including my personal residence) and I haven't done a down payment since 2015.

Hi Irene,I had a client that did this with a home and a barndominium next door. 

But it is very much applicable to single family rental and residential units simply by getting bridge financing and a post transfer cash out refi.

You can find solid single-family homes, small multi-families, or even short-term rental properties in high-demand areas like downtown Indy or near major universities and hospitals.Indy has strong rental demand, landlord-friendly laws, and a relatively low cost of entry compared to major coastal markets.

And a couple houses from random lines of credit from banks.

Given your criteria—affordable multifamily opportunities, a mix of MTR & LTR, and properties that sustain themselves—I’d encourage you to take a serious look at Memphis, TN.Memphis offers a strong rental demand due to its affordability, job growth, and a high percentage of renters (over 50% of the population).

Knowing your current state comps is a great place to start and a real estate agent can help pull those figures quickly. 

Most successful STR owners I work with in the Pocono's/Lake Wallenpaupack PA utilize only someone to clean, and a few local handymen.

Thank you.I've personally bought and sold over 15 properties, was a Realtor in Texas for 5 years, and a loan originator for almost 10.