Hi John,Converting your existing home in Castle Hills into a long-term rental while managing it remotely from Austin is a feasible endeavor, but it does come with its own set of challenges and considerations.

The intent to buy, rehab and sell immediately after it is rehabbed.There is no intent to hold it as a long-term investment2.

We are long-term investors (10+ years) and plan to use the properties for cash-flow when we retire in 15+ years.

My current goal is to start with house hacking and move on to long-term single-family rentals.

Great long-term BRRRR deal.

This wasn’t our first go with short term rentals.

I'm all about empowering local entrepreneurs and investors to transform underutilized properties into awesome community assets that benefit all.

Also, probably I'd have to fly out to KC a few times until I buy the property to meet the team, potential properties, etc which will add to the costs (~$600-$800 each trip) of owning an OOS property.Given this market, I'd like to hear from OOS investors if they think it's still doable to pull off an purchase worth investing in.I don't want to talk myself out of it again and focus on the negatives but also, want to make a sound decision that benefits me in the long term and doesn't hurt [much] in the short term.

I currently own my primary residence and recently decided to buy a piece of raw land where my father’s construction company is, and with his help,  build a single family home on it which will become a long term rental when completed. 

If I was you and I had access to the VA benefits, I would see a 4 unit property where I'd have my own space and then rent the other 3 units.