This investment style is not geographically restricted, and once you build a solid base of repeat borrowers, you don't have to spend much time doing anything else but underwriting possible deals. 

@Brandon Dunn  just ask him for a description of the door he is providing, should be in the quote.

If there is any way they can transfer a block of land using a metes and bounds description that would be fine. 

To the causal observer I think the biggest hurdle you're going to have selling or renting is demonstrating the value of the extra sqft.I'm familiar with the area and probably the complex based on the description... and even though a studio vs 1 bd is quite obvious in person ...

Each line write down the date, description/vendor, credit or debit, category, and let Excel do the balance math for you. 

I personally have rentals here in Houston, the cash-on-cash return and appreciation are steady.You need a team of local professionals like property managers, contractors, agents etc.A local Investor-Agent can help shorten your learning curve and save you a lot of headaches as they tend to understand the market better.You should select a market that will meet your investment goals.Here are four key reasons why investors purchase rental property out of state:Invest in geographic areas with population and job growth is strong.Diversify a rental property portfolio with markets that best match your investment strategy.Focus on the type of returns you’re looking for, such as maximum cash flow, high appreciation, or total yield over the targeted holding period.Operating expenses are lower in markets with fewer regulations, lower property taxes, and landlord-friendly laws.Finally, as mentioned earlier, it's crucial to build a great network of professionals to help you and to occasionally visit your property yourself.All the best!

It is true that so many people just look at pictures, then read through reviews and pay little attention to your own description!

Description or architectural drawings? 

Description of the pic: that door leads to the back yard and I'm standing in the opposite corner of the kitchen to give you an idea of the space I'm dealing with. 

If you want to deploy that equity somewhere geographically closer to you that makes sense as well as long as you can get into something decent, such as a 2-4 unit property assuming you had to do a 1031 exchange.If you decide to keep it, you can rent it medium term furnished to travel nurses as an option as well (30+ day rental).