You'll likely pay high premiums, face lots of claim denials due to "pre-existing conditions", and deal with service delays.

She will never be happy with the heat, she can barely afford the place, and she's regularly late with rent.

While running a large group of small landlords in Philly, i have visibility into the full realm of challenges that new investors face - and some are quite overwhelming and totally unexpected because they jumped in without fully understanding what they jumped into. 

This is why I would ALWAYS recommend visiting to meet the team face to face you are buying from and also the team who will be managing your property for you.

There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.

And talking to people face to face, you might get more input that what would be typed up and posted on the internet to live there forever - we have networking from 6 to 7 - your first meetings free.Tuesday November 12th, 6pm to 9pmDouble Tree Overland Park69 Hwy and College Boulevard.We love it when the BP community joins us . .  . . be sure to join us in March - Andrew is our Guest speaker.

Your tenants who faced with an already tight household budget may decide to rig the issue instead of fixing it properly.  

Litigation is always a business risk, especially in a business facing the general public.

But if they use it to excess, then the electric bill will be much higher than anticipated and if that month of high electric comes during a time that the tenant is facing hard times, they are more inclined to pay for their heating than their rent.

Now it’s probably the Midwest,But my the time you get to the Midwest and establish a footprint and “street credibility” with the brokers and sellers another market may be strong.If you are going to invest out of area, you will need to spend “face to face” “boots on the ground time” there.