I've purchased two homes in the last 6 months that are cash flow positive.

Hello guysReno got costly on this last BRRRR deal.

Last night was Landlords and Lagers. 

I can relate, though, and after the way they treated me (a 33 year customer with cumulative 8 figures in business relationships) I have opened my last account with them.

I was looking a lot in GA last summer and couldn't get myself to pull the trigger on something so far.

For example, just using Seattle as an example - well, if you can't evict anyone until they've killed your cash flow and destroyed your property, then you will either end up with less rental properties overall as landlords sell, or higher rents overall to absorb the losses elsewhere.

The other considerations noted by other posters are valid, but when you weigh them against the high risk of extended vacancy, ending at the beginning of winter is to be avoided at all costs.  2 months of added vacancy is a 16.6% loss to annual income. 

Save this post, because if you think you can find and manage Class C tenants from OOS, there's a VERY high chance you will end up being penny-wise, but dollar-foolish.Hopefully, you'll be able to recover from your mistakes & losses and won't have to sell at a loss.

It was my rental property but I have decided to cash out when tenant moved out last month.

I've gotten started with some information a few years back and last year read a really helpful ebook with basics of getting started with wholesaling.