For the Valley example, the 2016 new rentals coming online are 3100 and almost 4 times 2015.

In terms of hiring a property manager, many property managers are fine managing just 1 property (and since you typically pay a percentage of rent it really shouldn't matter to you).If you want to manage it yourself there are a handful of online landlord / property management software's you could use and access your account anywhere with internet access.You will still need someone (either a friend, or, at a minimum, vendors) you can count on locally to deal with any issues that arise when you are out-of-town.

You're lucky, you must have power to be on line!

I'm in the process right now of making my lease which is going pretty good in which stuff is mandatory like online payments.  

@Jordan Hanksion Having been in your position exactly, I did all the research I could online - long distance etc, but eventually had to get on a plane and go meet with the boots on the ground and vet the possibilities with my own eyes.

I pulled the documents (yay my county and its online property records) and the forgivable mortgage appears to be in 2nd position.  

Then I came across this forum online.

Check out the articles online (especially 234 Suydam Ave).

Hello all I'm the new kid on the block with something that's on my mind and I wanted to share it with you all.I was looking on line for deals and I came across a property that's going for $75,000.

I came across Biggerpockets online while reading an article and figured that I would join up!