@Jose Alejandro Hernandez I frequently work with investors in your same situation, their home markets just don't offer any great options, comparatively.

I value what you are offering; but I'm not prepared to pay $2000+$250/mth right now and go through this again. 

Notify her that you are withdrawing the offer and be done with it.I recommend you complete a thorough screening first, then offer the rental to the applicant.

Many lenders offer up to 85% on investor financing for a 1-4 unit purchase transaction. 

I'd hate to see a new investor walk into that without knowing what's going to hit the fan.I guess time will tell the measure of the tape. 

Now your offer of handling everything no longer exists. 

@Kinnari Pandya depends on what types of properties and corresponding tenants you want to deal with.The Midwest offers lots of affordable opportunities that can cashflow well.

Attic is huge with walk up stairs on both sides and can be turned into a two bedroom.

Investors from CA,AZ,NV are often seeking a reprieve from the density and anxiety of urban living and the Oregon Coast offers ocean, rivers, lakes, dunes, mountains and outdoor activities year round to unplug (or plug in?).

Your situation presents a unique opportunity to leverage seller financing, an advanced and creative technique that aligns with your needs.Consider offering 100% seller financing for your Kentucky home.