Think long and hard. is 500- 1k in savings really worth the aggravation and again, potential loss. 

It's a long game. 

My partner actually lives in the area that we want to invest in.The long term plan is to just use this as a buy and hold.We were planning on splitting all the repair costs.Great insight though, I think we will have to go back to the drawing board and see what type of property would truly benefit both of us.

When the 100 year long trend of the population moving south ends we can talk about it.

A property a long distance away adds significantly to the due diligence process and greatly to risk when bought sight unseen. 

For example, you could tell them that they don't appear happy with the rental and offer them a one-time early termination without penalty, as long as they leave within the next 30 days.

Even with the recently improved ADU regulations, for most house hackers it still a long process that could leave them with a unit that is not legal.

Client Relationship Management: How can agents build and maintain strong, long-term relationships with investor clients?

Verifying rental history often takes a long time to complete due to applicants not giving us correct landlord contact information, landlords not returning our calls or refusing to give us any details.We also deal with applicants trying to have family or friends pose as their landlords.

It doesn't take long to learn how to spot a good deal.5.