Here are additional comments:1) Buying out of state removes any local knowledge you have from assisting in your success, including knowing areas, people and costs. - We always recommend buying your first rental locally if possible and DIY managing to learn as much as possible before investing OOS.2) Lots of crooks and incompetents in the PMC world:( They both cost you money.- As already stated, you'll have a small portfolio.

With proper tenant screening and systems in place you can absolutely be a successful landlord.

And a similar lawsuit by an STR owner in Austin was successful. 

The way I finally found success was through repetition and then building systems as you repeat to help you scale...

I successfully cohost 2 MTRs fully remotely - one in Richmond, VA, and another in Palm Springs, CA.

I encourage you to define your financial goals, as real estate presents numerous possibilities.Building a strong foundation of knowledge and connections can significantly impact your success in real estate investing.

I have known and worked with Matt for years.I have attended his training and hired him as a consultant.He is hands down the best at what he does.I have personally raised over $50 million for my hard money lending company.I am grateful for a lot of people who helping me with this success and Matt is at or near the top of that list.

Congrats on all the success so far.

Many investors successfully build portfolios remotely, but thorough market research and assembling a strong local team (agent, lender, contractor, PM) are key.

Also congrats on your real estate success so far.