A new casino just was put up in the busiest part of the city, springfield Massachusetts and I’m noticing a lot of high end renovations happening around the area.

Besides, There’s no doubt your going to have many dubious characters and thefts on your property just like casinos or strip clubs get  .

Nowadays I have a roster of probably 30 vendors that I can reach out to (and sometimes I blast through all my options for a particular problem).The biggest challenge is find good handymen for doing low hanging fruit (fix outlets, fix sink, change light fixture, spackle/paint).

It's a 500M development well unless they have approached you they probably don't need you .its just like the 4 acres I own next to the largest casino on N CA  that they just spend 400 million building.I am zoned multi use resi commercial but until I have a user .. no joy.. 

Utility companies may be less forthcoming nowadays maybe for privacy reasons. 

Similarly a casino isn't going to let someone walk up to the roulette table and bet $10 million on black because the risk is way too high, but they are more than happy to let you place ten million different bets of $1. 

@Sasha Josephs i have been long distance landlording for quite a while now. rehabbing outside of my local area was a breeze to be honest. i have a team i can trust and i just made phone calls and checked on progress when necessary. if i was in the area, i would be there swinging a hammer until 3am everyday. for me, i am better off far away. i have not done any local rehabs. i flew back to the area once, maybe twice, to check on things. i did not fly back to just check on things though. the trip was always for other reasons and i just popped by because i was in the area. if you do not trust your contractor while you are away, that is your first problem. nowadays, we can send pictures and videos very easily. that is all that i need. 

@David Miller the property itself is great, the area is working towards building a casino, and rentals fill quick, it’s literally just the road that’s a weird quirk.

I hardly recommend people because most nowadays are not worth recommending though Fund & Grow is who I refer for people who need seed money for their business or for any reasons you might need lines of credit.Thanks Fund & Grow for all the help, it was worth it!

The rest of my properties are in the Midwest but I do have partners in cities (outside of Cincy) where I have my properties.Having said that, I understand Boston is quite expensive.Option #1: is to invest in areas, say 1 hour away from Boston and hopefully not as expensive as Boston. 1 hour is close enough that you can still monitor your investment but not too far that you waste so much time on travel.And yes, with the technology nowadays you can monitor your properties from a distance.