Read "Long-Distance Real Estate Investing" by @David Greene. 2) Like @Brandon Turner always says: "Every property has a price that makes it a good deal".

I don't know if it is a good idea to do that long distance. 

Lots are about 200’-300’ away from the biggest body of water in North Dakota, Lake Sakakawea, and walking distance from a boat launch.

:Students love to rent homes close to campus that are walking distance to campus.

@Amalfi Duran You should read David Greene's book on Long Distance Real Estate Investing.

It's close enough to Boston for commuters to drive, plus there's MBTA Commuter Rail access. 

There are still some C class (more often D class neighborhoods) in Chicago where you can find the "1% rule" applies, but typically they are a good distance from city center and you may have to deal with similar class tenants.

Nobody who works in Charlotte would make that commute. 

But to be active....my rule is at LEAST 4 hours driving distance...and for your FIRST PROPERTY?

But most of the time, the conservation inspector is just looking for properly installed smoke/CO detectors (be sure to measure their distance from sleeping rooms, the inspector certainly will), and they'll check on whatever the initial complaint was.