Naturally, there are plenty of considerations when settling on a location; however, irregardless of where you choose as an out-of-state investor, finding a group of professionals you can trust in that location is priority number 1 (reducing the need to be present at the location of the property to a minimum is paramount). 

This is paramount for out of state investors to know.  

Staying in touch with a few brokers is paramount to having the most amount of deals pass by your desk as possible.

The overarching point is that they knew Reno, but couldn't possibly predict what has happened since.All in all, I truly believe that knowing your market inside and out is paramount.

Understanding the risks of losing your investment is paramount.

I do know that whatever we construction specialists (builders or investors/flippers/remodelers) can do to reduce the risk of a fire starting is of paramount importance. 

I personally use Dan Bostick at Paramount Title Agency in Indy @Natalie Williams.

It does add up ($) when you are first furnishing the space, but it really pays off over time because word-of-mouth referrals and return-guests are paramount.  

The marketing of a property and having a clean title is paramount in any real estate transaction.

OP there is a bunch of information missing here that would be paramount to giving you any advice.