They know what is going on just like the police and the fireman.I have come to the conclusion that stay away from:B&B neighborhoods ( Boarded up and burned out).S&S neighborhoods ( Shooting & Stealing)Good luck JP

That said:- there's a limited room ($25k) to offset W2 income with rental losses if your income is below $100k, and that room is being squeezed out between $100k and $150k of income- there is an option to offset W2 income with STR losses under some specific conditions and for one year only- there is an exception for REPS (real estate professional status) which you cannot qualify for if you have a regular full-time W2 job- LLCs change absolutely nothing for the above rulesEach of these rules comes with an hour-long explanation of various conditions, exceptions, nuances and what-ifs - therefore you cannot make reliable conclusions without having an experienced tax accountant reviewing you specific situation.

In conclusion, there are many factors to finding the right out of state property management company, the key is to do your research, make the calls, and to go with the company you think will be the best fit for you and your investment!

I don’t know how you came to the conclusion of Omaha, and personally I do not invest outside my local area, but I feel like I hear often that you should pick a market that you have a competitive advantage in.

When someone with zero capital comes to that conclusion, you will not get your cash, could be left with a house in disrepair and full of substandard furniture you have to pay to get rid of.

@Eric Baron did you end up buying or got to some conclusion? 

You can order Airdna reports and do some superficial online research and draw your own conclusions pretty easily.

Taking the time to thoroughly understand and comply with these laws can help protect both landlords and tenants and contribute to a positive and legally sound rental experience for all involved.In conclusion, property owners generally have the authority to sign leases on their own behalf, but they may choose to delegate this responsibility to a property manager through a power of attorney or a property management agreement.

After going to the city of Concord last year for 3rd time I came to conclusion for long turn investment there are no shortcuts.

In conclusion of my post I stated: "Some of those misconceptions you have would give me pause about purchasing a note that you directed to be originated.