Keep them at arm's distance.

My rule of thumb is in 30 minute drive distance.

I highly recommend you read “Long-Distance Real Estate Investing and “Buy, Rehab, Rent, Refi, Repeat’” both by David Greene from BP.

Lot's of excellent info in there about long distance investing:https://www.biggerpockets.com/store/long-distance-real-estate-investing-ultimateYou could start small with some out of town single family BRRRRs to test the waters a bit?

While I’m sure there are deals, I have a few concerns and would love to hear your thoughts:1) My Job—I work at a startup, and, including commuting, work consumes about 55-60 hours of my week, not including any other hours on the weekend.

I'm looking into long distance investing and I came across:https://www.localmarketmonitor.com/The website states: "Local Market Monitor covers over 300 housing markets throughout the US.

This book has a LOT of great information about how to invest long distance and reducing the risk a bit:https://www.biggerpockets.com/store/long-distance-real-estate-investing-ultimate

If you go out of state, make sure it’s more like 1300 rent and 100k purchase or something along those lines.I can tell you I’ve done 2 years of long distance (out of state) investing and about 8 months now of local investing, and I prefer local a lot more.

@Shane H.Likely nothing, as there’s no effect on commute time there.

Do you want something local or are you willing to invest long distance?