Yes you need to visit the place..virtual stuff is good once you have the network in place :)

FHA loans on multifamily will likely have the self-sufficiency test for 3-4 unit properties and with current interest rates virtually every property is unlikely to pencil. 

The reality is people are making money in virtually every market.

And if that's really the case, I would be licensed in 2 states, thought about looking into virtual real estate agent?

So you are relying on appreciation which will occur in virtually all markets over the long term, but the initial appreciation will go to recovering the negative cash flow.  

Paying rent on time does not suffice as a strong reference.Credit score: this is hard because virtually always it is a multi adult tenant.  

For smaller landlords, this erodes protection quickly since they "participate" in virtually all decision making for their LLCs. 2.

1.Subscribe to the BiggerPockets Money and Rookie Podcasts2.Attend the FREE WEBINARS3.Attend a Meetup in Your Area / virtual meet ups4.Purchase the Beginner Books: How to Invest in Real Estate, Set for Life, The House Hacking Strategy5.Peruse the forums!

Why does (virtually?) 

Hosting a meet up/virtual meet up on June 18th focusing on using virtual assistants to help with management of multiple short term and long term rentals.