Use services that can validate the authenticity of documents and employment history.Require Detailed Applications: Ensure that the rental application captures comprehensive information, making it harder for fraudulent applicants to provide fake details.Conduct In-Person Interviews: Meeting applicants in person can provide additional insights into the authenticity of their application and allows you to ask follow-up questions based on the details they've provided.Utilize Professional Screening Services: Professional tenant screening services are invaluable for conducting background checks, credit checks, and criminal history checks.

If you have some connection/professionals that you trust who can give you unbiased information on the area you are interested in investing, then remote investing becomes easy.I live in Texas, and invest in the Midwest (IL, OH) because we have boots on the ground that provide us necessary infrastructure needed to underwrite, buy and manage properties.

@Adam M.The cost for a real estate tax accountant will vary based on location, experience, education and other factors, just like any other professional.

Quote from @Miguel Del Mazo: Quote from @Jonathan Greene: Quote from @Miguel Del Mazo: We have 3 2/1 condos in our portfolio that attract traveling professionals (medical or otherwise) and a triplex that we essentially BRRR'd down to the studs.

We have seen that having a professional marketing piece builds credibility which is invaluable in this business. 

You also don't need to do a traditional long term strategy, is there a draw the  area that playing host to a traveling nurse or other professional/student would be interested? 

It’s great to know there are resources & professionals like you willing to help guide new investors.Looking forward to connecting & continuing this conversation!

After reading Brandon and Brian's book, The Multifamily Millionaire, Volume II: Create Generational Wealth by Investing in Large Multifamily Real Estate, I'm a bit puzzled as to if the GP's must have real estate experience, or if someone can connect enough professionals/companies on their team to execute successful investments.

Readers should seek professional advice.

We do a lot of mid term rentals from universities near by, and traveling professionals.