Not only do we have daily feet on the street in these locations, but we are also unconditionally committed to property values (read: comps) in our neighborhoods because we are starting new homes there every day and our prices have risen aggressively since 2012.

I walk through properties daily to bid out the repair or rehab work.

If you don't have the time to be there nearly daily, at least first thing in the morning, it's not likely you can GC yourself.

Do you have your realtor sending you auto MLS updates daily?

My recommendation of out of staters is true turnkey projects where the investor is truly hands-free and not involved in daily property management and intricacies involved in Class C- and D properties.Just my opinion.....Thanks again.

If a cracked sink or a missing tile upsets your day you shouldn't be buying rental property anyway.I should also add when I want to invest in a new area I read that city's daily paper on line, I call lots of agents and usually a couple of contractors before I even spend much time looking for houses. 

@Chaz Reid, Im not actually both feet in yet, but I can say too, escaping the daily grind of the corporate world and having the freedom of self employment will be amazing and hard work...Iooking forward to it!

I do it with people I meet daily and it's great that there's an online community to do this with.

Boo-hoo calls me daily.

My primary reason for asking this question is that I am an out of state investor (from Canada), and my policy is what I call 'Remote REI Strategy', hands-free, no contact with tenants, and I don't want to be called by 1:00am that a bulb is burnt out....strictly no involvement with daily property management and all that come with it.....