Also if you don't know, there is a relatively new and expanding Navy base near by, increasing active duty military demand for housing.

Look for a farm credit ("FCS") institution nearby.

Using this strategy can help you save money on improvements and eventually raise the value of the house.Make connections with nearby real estate agents, go to gatherings, and make use of BiggerPockets and other educational materials.

I think our tenants have liked having the owner nearby, in case last minute repairs or issues come up.

Establishing connections with nearby experts is crucial.5.

Often times, I will do that for free especially if I'm going to be nearby, but if they do it more than once in a short period, I will charge a fee and they aren't surprised by that either.

I grew up in the suburbs of Chicago and would ideally like to invest in IL since my family is still there and can serve as a home base for whenever I need to be in the area, but with IL property taxes being as high as they are I'm also scoping other markets in nearby states.Does anyone have any general advice for buying / investing long distance?

Therefore, the nearby city of Cody would be one of the best options in one of the better counties in the state. 

I really want to find something nearby that I can really get my hands on and be involved in.

But, as you can see, these places are not successful because they are in Logan, OH (or very nearby).