Note that there are companies who can assist in the investing process.

Hi Nicholas we invest in Toledo and have a great team on the ground there that we share would be delighted to assist you if you want to chat

.- Your maintenance and repairs will be mostly limited to the interior of the property as the condo management will maintain the building- You won't have to worry about tenants maintaining the grounds around the buildingCons:- Condo fees may change drastically over time and it's largely not in your control- Condo bylaws can be tough to work around.

I have had thoughts and considerations of doing such a thing for some time but wondered would it be something worth doing, as in people would use it, find value in it, enough to offset the time and investment of self into creating and maintaining it. 

If you’re still using spreadsheets, it might be worth checking out—it’s like having a personal accounting assistant for your rental properties. 

Ensure separate bank accounts for the LLC, and maintain proper formalities to avoid liability issues.

However, if you are an out-of-state slumlord, you can now pass 100% of the financial and legal liability of maintaining a property onto some poor local.

Focus on building and maintaining active income first.

"assistance dog" chewed up all of the doors. 

Also makes it easy for each individual to maintain their own info in multi-owner scenarios.