however, i am keenly aware that certain types of investment schemes (for lack of a better word) tend to end badly....occasionally with out of state investors holding the bag with a loan they've guaranteed on a house that is truly worth maybe half of what the appraisal says (btw, i am not a fan of appraisals...).  

But.... those dirt-bag's don't mean ALL business's coaches are dirt-bag's.

The only assets they have is $10k and good credit.Personally I’ve always found lifestyles members to be total cheese bags.

If you're set on investing out of state, whatever market you decide to invest in it'll be important to develop your core-4: https://www.biggerpockets.com/blog/core-four-real-estate-tea... 

If plan to invest out of state it'll be crucial to develop your core-4: https://www.biggerpockets.com/blog/core-four-real-estate-tea...Having a solid team around you will be fundamental to your success.

Biggerpocket's David Greene has a helpful article on assembling your core-4: https://www.biggerpockets.com/blog/core-four-real-estate-tea...BP is a great platform to connect with local professionals and build your team. 

In theory it may be but I am doing a lot of research in this oil boom in various states and it's a mixed bag depending on who your talking to and what info your getting.

I need a brown paper bag.

We've done something similar by offering local coffee, tea, snack baskets, bottled water, local pastries, and seasonal flavors (pumpkin spice, peppermint, gingerbread, etc.) which have been a big hit with much less risk involved. 

Hi all, we have two tenants (I'll call them Jane and Alice ) on a 1-year lease which began in December.They did several things to violate our lease agreement which included 1) bringing in a 3rd tenant without telling me (let's call him Rick); and 2) Rick dumped garbage bags on another house we own (an Airbnb on the same property).I wrote them 1.5 weeks ago saying this won't work out, and offered to terminate the agreement and waive any early termination penalties.