I buy and hold and do short term rentals and mid term rentals.Located in Racine Wisconsin  Hello Gabriel: I also live in Racine County there are some great deals our way and including southern milwaukee county too!   

You do not have to live in the home in order to do that!

I live in El Paso, TX and would like to invest close to home first before venturing in long-distance.

I live in California (Central Coast) and have built a 12-door portfolio in Detroit, which has been a great market for both cash flow and long-term potential.Detroit still offers properties well below the $150k mark, with strong rent-to-price ratios and a market that’s seeing growth in key areas.

When your tenant stops paying and communicating, who will knock on the door to see if they still live there?

The lighting is a little dark in the picture but this will be a lovely/bright kitchen and living room for our next resident.

In my area these are rare so they are difficult to set market rent, and I imagine get a lot of wear and tear with a lot of occupants living there. 

Many illegal immigrants have been in the country for many years and live with families or friends that may not need to vacate housing because other will stay. 

I have multiple listings across different parts of Florida and I don't even live in FL.

Now the living room and 2 bedrooms that just had new flooring put in them 8 months ago are ruined from the leaking water from the HVAC and have to be replaced again.