Population is growing as fast as anywhere in the country, jobs are moving to the area, and demand is crazy high, especially for rentals.

I wanted to hear some stories of challenges people have faced who have already invested out of state or out of the country before so I can know what to avoid, what to look out for, and where to focus my energy.I am investing in mainly single-family homes and small multifamily (2plex-6plex) homes with long term tenants.Cheers!

As such, it should be reported to the police, and if possible, reported during the actual disturbance.We would ask you to keep a written log of the date and time of this type of occurrence for our records in the event of court action.We will send all tenants a written reminder of noise restrictions as per the lease.

Truth is that there is opportunity in EVERY market (even North Country) so long as you know how to recognize, expose, and capitalize on it.

It doesn't help that we live across the country and couldn't assess a lot of these problems ourselves...but that wouldn't change anything, we can cash flow elsewhere without the constant attention to maintenance! 

If they do not agree and do not move then you will have to go to court to evict them

If you live in an area that is good for flipping, but not so great for long-term rentals (aka Illinois with some of the highest real estate tax rates in the country), I could see this as a way to keep flipping but avoid the steep tax rates that come with the straight flip.

Hail and Wind.. when your roof gets destroyed by hail you have to pay your deductible.. again not if but when..I can see it for locals because I am a firm believer in investing locally when you can.... but there are many areas of the country I think that are far superior to Texas for buy and hold and Vegas is one.Vegas has none of those issues. 

Ultimately, the decision is in their court, but you shouldn't hesitate to be completely blunt about a deal not being worth pursuing if you believe that to be true.Ultimately, it may hurt you short term (fewer deals get done), but long-term, those investors will trust you and the good will will come back to you in spades...

636K can vary to some higher priced areas in the country, but the majority of the country falls ~417K.