The typical downturns or even strong downturns you should have evidence of how your investment can hold up.1) In 2008, most consider a very strong correction, MF loan delinquency nationwide was 1% vs 4-5% for SFR2) In Houston, 2013 oil fell from $100 to $50 barrel. 

Martin and Al Williamson Al helps people get started and J travels the world while his rentals pay him like little oil wells

At the closing, his attorney forgot to deduct from funds due me for heating oil in the tank, value of $160.

My last boiler replacement was $6400, oil fired for an 1800 SF house, no HW storage tank.

If you find the right property management company and the property(s) have all the right "numbers" for a good ROI, I'd consider it. 

I created a few resources that out of state buyers might find useful in gaining insight into the Indianapolis market1) Neighborhoods and their classification on a map ( A, B, C, D = using input from the forums)zip code boundariesstarbucks, whole foods, hospitals, etchttps://goo.gl/cvDi8T2) Virtual driving from Fountain Square to Lucas oil stadiumhttp://youtu.be/8AU6iCamTwc?

@Phil Baker do yo think oil is poised for a large increase?

Be especially careful charging a tenant for the entire cost of carpet when the carpets are like 10 years oldPicture or pin holes in walls, as long as not excessivePainting the exterior of the homePressure washing unless there are oil stains from their autoRoutine maintenanceThere are many more circumstances that could and will come into play, but lets all work together to come to a resolution.

Like anything else, a company built to do one thing is going to be more efficient than an individual trying to do it once or twice; a professional mechanic is going to fix eight cars in the time it take a first-time car owner to replace a tail light and change the oil.

I look at any panel systems (not the cheap fake wood versions that grandpa used to cover the plaster in the entire house back in 1972) as an upgrade, not a way to shave expense.