You need to know what to look for, what to address, and have solid buisiness acumen to run a MF operation of that magnitude.

Congrats on closing on your home and having equity right away—that’s a solid start!

But this right here..... this is a solid answer.

So, yes, you can absolutely have a great rental business as an out of state ( and even international ) investor, as long as you have a solid team that are your boots on the ground. 

If you are able to hold onto the duplex, I would hire a solid property management company and hang on to it.

I sometimes think about investing there given my affinity with the location...but realistically it just makes more sense to put my money in rentals in Indianapolis where I invest currently and the returns are still solid.

Finding 1 solid deal this year could be your goal.

It requires a solid FICO, that you get pre-approved with all current financials held in file beforehand, with the complete contract package submitted upon execution which starts the clock; insurance must be arranged within three days for lender underwriting. 

The Midwest offers good cash flow potential, and Cincinnati stands out for its diverse economy and solid quality of life in an affordable market.I just wanted to share my experience to show that turnkey deals are still possible.

You need to have a solid understanding of the business as a whole.