I don't think being a long distance landlord is as easy as some tout but full disclosure I've stayed with 80 miles of my primary residences. 

After that, it goes up to 5.875 and stays there!

I've been trying to stay in the north part of Fort Worth. 

STAY AWAY!

yup stayed in the land bizz till late 80s and was in land and timber in the 90s and of course from middle 90s to now I have developed about 500 to 600 lots for homes.And all the while I bought land to flip..

I've stayed in many.

I tried to stay out of the way, but I had to stop several things from being done wrong—spaces between kitchen cabinets that were too small by at least an inch for the appliances to fit, a walk-in pantry being built that was too narrow for anyone but a child to get into.

Prioritize properties with rental potential, plan for reserves and tenant strategies, and stay patient as you network and learn.

I would provide the capital and otherwise stay passive, but hopefully grab better profits than private lending?

What if the person staying at your place signed a contract but their 1st payment check bounced.