Do you want to monitor your tenants renters policy or are you more interested in the ability to file a claim direct with the insurance carrier? 

Bigger Pockets has some great state forums and usually there are good locals that monitor those.

The property management was really good at monitoring the whole process and keeping me updated by sending photos on a regular basis.

What are some of the best real estate low risk strategies investing long distance/ Out of state that can produce reoccurring income?

I would do what I do today and continue to monitor the competition. 

The AZREIA slide deck that Alan Langston goes through each month is an excellent comprehensive piece of intel to monitor our market.

Late payments, while a concern to carefully monitor, are not necessarily a bad thing. 

If you plan to rent to digital nomads and other traveling workers the strategy could work well just make sure you’re monitoring competing demand to find ways to stand out on Furnished Finder, Airbnb, and other sites 

@Danielle VonLintigHi Danielle We are a Local Management company and the fee is 10% to monitor bookings, schedule cleaners, answer guest questions, schedule maintenance.

I have been monitoring the market for the past 3 years, and watching prices almost double.