It can be passive and great to own but I tell clients we MUST conduct thorough due diligence upfront  and any bad stuff we find seek credits etc. from the seller if possible.

When I conduct analysis on markets across the US there's usually a consistent theme: the affordable places within striking distance to the urban core outperform. 

It's essential to conduct thorough market research and potentially work with a local real estate professional to understand how these classes apply to your specific area.Also, the criteria for tenants' FICO scores and rental history are insightful.

Understanding zoning regulations and conducting thorough market research is essential.

Look into local property values, rental demand, and any ongoing developments or revitalization efforts in the area.Perform your own Property Inspection whether you invest through Realwealth or independently, always conduct a thorough property inspection.

Before listing the property for rent, I strongly recommend conducting a thorough inspection to identify any potential property code issues.

Additionally, I can see the appeal for out-of-state individuals who are looking for a second residence that checks both boxes of being a nice place to vacation with the family as well as a great place to conduct business with clients on the east coast. 

If you also don't have time to field calls and conduct follow-up calls, you can look into hiring a VA.I'm hoping our fellow BP members will throw in their 2 cents.Best of luck to you!

Search for rising communities and conduct a thorough market analysis.

You're just looking out for each other.This Quote"The State, granting to individuals the privilege of limiting their individual liabilities for business debts by forming themselves into an entity separate and distinct from the person who owns it, demands in turn that the entity take a prescribed form and conduct itself, procedurally, according to fixed rules."