That would add a lot of stress for me being out of state and I think it would add peace of mind to have a higher quality tenant, especially on your first one.So as you're evaluating your first oos investment keep in mind what you can do to minimize risk--3/4 bedrooms are ideal (a tenant might upgrade from 2 to 3 bedrooms but very unlikely to go from 3 to 2 bedrooms.  

The extra expense will be well worth the peace of mind.How much do you think the property worth?

My thoughts were to utilize social media (all, if not most platforms) as well as starting a REIA group in my local area, in which there are none of yet and also utilize my relationships with certain large groups like peace officers, ex-military and youth sports (moms and dads) where I have a name that stands out. 

Imagine the peace of mind knowing you can wait MONTHS for the right tenant if you had to because you're not writing the bank a check every month.

That gives the lender security interest for the loan and you some peace of mind.

Our first deal, we think, has been the sweetest for us.We found an out of state property owner with two side-by-side one bedroom houses in a solid, quiet, peaceful, middle class neighborhood.

PEACE!

Brandon Turner has recently joined his team and has done a tremendous job to enhance all the features and benefits like the keyword alerts.....so investors can connect better.

Looks like you are searching for peace of mind!  

May cost a little more initially but peace of mind and legality will be kept in.