Many people don't want to self manage from out of state, and professional managers can suck up alot of the cash flow, and not do as great of a job as you would've hoped. 

As long as the lender can finance in the state that you want to buy in, then work with them.

A month post closing, the son of the buyer (mother) has written a "legal" request to have us buy him a new refrigerator.  

Warn them that you will report them to the state commission if they attempt to charge you or refuse to comply with your demand.3.

Translation: your client cheated the IRS and the states.

My business is built around doing deals for out of state investors and my mind is BLOWN by how many flat out refuse to come visit, meet our staff or walk the property that they bought and we are rehabbing for them.

Hello,              I was able to finally evict my tenant. To all those stress I had to go through during this process the only consoling factor is the judgment amount I got through the Justice of the Peace Court. Wha...

.: Thanks to OP for this post!

If you live in the home for 2 out of the past 5 years and move out of state you may be exempt from the tax.  

If you have not already purchased this policy, I would look for a policy that provided a stated amount deductible for wind/hail vs. a % deductible.