Lenders will want to know you have a game plan for monitoring a project and being on site frequently especially when it is your first time.

Calling frequently and being respectful when you do so goes a LONG way to speeding things up.

There are currently 10 items, which I affectionately refer to as the "10 Deadly Sins" that if they are included in your Wisconsin residential rental agreement will render the agreement void and unenforceable.In my representation of landlords over the past 20 years, the two most frequent situations in which I have found an illegal provision in a rental agreement were because: (1) the landlord decided to draft his/her own rental agreement and didn't know that Wisconsin law prohibited him/her from including certain language, and (2) the landlord used a rental agreement that s/he found on the internet that was not drafted by a person knowledgeable about Wisconsin landlord-tenant law.Section 704.44 of the Wisconsin Statutes sets forth the prohibited provisions.You cannot include a provision in your Wisconsin residential rental agreement that:1.

There are frequent pest issues & repairs that come up. 

Beautiful views, casino, and you're never bored.

The rules and recommendations for this seem to be evolving on a pretty frequent basis.

There will always be more risk with something vacant, you're probably going to be counting on one person as your "eyes" on the project (or at least for "security", overall)- and the more hands on/ closer they live / able to visit site frequently, the better. whether that is your gc, a project or property manager, or your handyman/even yard maintenance guy, neighboring teenager, or whoever- this person is key

Oklahoma does have very high insurance premiums relative to other markets due to frequent hail storms.

As such, I would only be concerned with markets that you can get to easily/cheaply and hopefully have a direct tie to (family, frequent business trips, etc).  

If there was a spill in your rental you could just spend the weekend in a casino and take a few squares home with you!