Don't forget to research local regulations surrounding MTRs and STRs, factor in management fees if you plan on outsourcing, and assess your risk tolerance between a larger, single multi-family property or multiple, potentially distant, MTR/STRs.

I briefly needed to store a camper and found a local storage.

I sold 20 houses last year in my local market (ASHEVILLE NC).

If you are in Iceland/Spain, though, I can get behind investing in any market that you have trusted friends/family locally.

"May be" doesn't necessarily mean "Will be" so check with your local attorney. 

You're going to want to find a local attorney to put together or provide the paperwork to make it legally binding if they do. 

Get to your local RE meet up.

They typically build life-long seller-lead businesses in their market and if you work with a few of the top-agents in multiple locales, you can likely get a good stream of leads going (constant new-business with various owners who might be interested).

You're on the hook for the lease regardless of how the local regulation, property performance, strange or erratic behavior by a landlord, or any other surprises.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.