It sounds like a wonderful thing, but I'm wondering if it's a hassle or if it actually works.

They try to make it seem like it's more complicated than it actually is. 

People who don't actually own property in Detroit2.

I like house hacking to start because it gives you a better idea about whether or not you actually like being a landlord without getting too much money invested in 20 million different properties.

@Denise Evans -- What actually constitutes possession?   

I would caution that though HUD may have a market rent price for the City of Norfolk, there is a very drastic difference based on the actual location in the city.

If you serve them notice of non-payment, they can always cure and that would end the eviction.No matter which way you proceed, you need to start ASAP as it will take some time to get a mediation date and then an actual court date

We got a really good mortgage rate on one of them so there is actually some cash flow on that.

i just never see new investors actually have a plan to be successful out of state. 

I would offer them a lease and invite them to make an offer on the property anytime in the future when they are actually in a position to buy it.