There is a decent amount of activity and discussion on bp from this region.  

I'm curious, for those of you who own investments in other areas/regions/states, how did you get started?

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You will be looking for a local to regional bank that keeps paper in house to service the loan.That small loan balance the mortgage brokers almost lose money trying to fund it.1,402 rent for 38,000 is incredible if it's accurate.

Unwinding your holdings quickly is also difficult.My advice is to buy 'value' based upon income, regional health, etc. and you'll do well over the long haul.Put a plan in place to sell or leverage your properties as you build excess equity.

Personally, I don't think qualifications entitle anyone to more money -- in theory, you're all working together because you have a complimentary set of skills -- if you bring skills as an agent to the table, I assume they bring some unique skills as well.

Here the provincial association of apartment owners has negotiated discounts on home heating oil; insurance; tenant & credit verification services and with a few other regional suppliers.

As many people have previously mentioned ferrets do have a unique musk or odor. 

Over the past decade, I have become accustomed to a high standard of landlord excellence; they are the acknowledged best in the region and we really loved working with each other.My prospective PMs have a very different reputation, but they also have my house.

No offense intended, but your question has been answered many times before, but I'll contribute again....Contracts are unique to your area and need to comply with local custom, so get ther reviewed by a quaified person, which is not a guru.Addendums may be written on the spot and added to a base contract, but you need some contract knowledge to write any part of a contract, especially when you modify the basic contract.