You can do this with a simple, one-page addendum, or even a written statement added to the existing lease and signed by you and the tenant.Example:This lease agreement is hereby amended to reflect the change in ownership of the rental property located at 123 Straight Street, Cody, WY 82414.

This is for my 1 bed 1 bath unit and for the past 6-7 months, I had it blocked off on Airbnb because I had a mid term tenant in there.

On the contrary, my agent said that the whole street is not really good and Akron is not really doing a lot in the area.I am now planning to go to Akron and look for myself.

He's selling the house because he needs the capital to do a new build.I forgot to mention its a 3 bdr/1 bath.

That's not a trivial amount of money, but it won't leave you on the streets when you're retirement age.You got this!

But it seems like the current house prices (3+ beds, 2+ baths with a pool) doesn't seem to incur a good cash flow.

That magical piece of paper we all call a lease, is really mostly a one way street.

I don't need a complete virtual assistant, just a street address and box.  

Now it’s probably the Midwest,But my the time you get to the Midwest and establish a footprint and “street credibility” with the brokers and sellers another market may be strong.If you are going to invest out of area, you will need to spend “face to face” “boots on the ground time” there.

Mine, yours, the one down the street.