Very eye opening to the out of state investment strategy! 

If accepted then you do your due diligence (eyes on property, check title etc).

That being said...THANK YOUTHANK YOUTHANK YOUI had a eye opening conversation with the bank.

To get people to like you, and trust you.You must WORK ON YOURSELF.Take one of these every week and meditate on the saying.Tape it to the bathroom mirror at eye height.Say it OUT LOUD 5 times (yes your wife - husband - dog - cat - boyfriend - girlfriend - kid(s)) will laugh at you.But you are working on your sub conscious, your "mind talk"Here you go.

your 88k can yield a better rate of rental return there, i would only consider vegas if you're also eyeing on appreciation as well - but that may be vanished now, due to the crisis for the foreseeable future 💁‍♂️Don't get me wrong, im still buying here (looking at a 100k condo tomorrow morning actually), but mostly for a flip - not surr this would also work ad a hold. 

So far only one tenant has asked for relief and she is catching up.

Many people have managed OOS properties on their own, but it is more difficult and you would need very good processes in place and have some sort of boots on the ground person in that market to put eyes on the property and check in with things. 

I'm an investor out of Des Moines and your post caught my eye! 

Ive had my eye on one for a while and have negotiated a good purchase for it however my funds are tied up in my current flip and a spec house im building.  

I have a pretty clear picture of what I want the business to evolve into, again I know it can take 10-15 years (hopefully not) or however long for it to reach the point I’m picturing but this is something I’ve had my eye on for a long time.