Laws are updated frequently, and this information may not reflect the current law in your state.

Turnkey is probably the most frequently used method for investing out of state in buy and hold rentals, but the provider quality can vary widely.  

The fact remains though, that there are professional scam artists that frequent investment sites just to get a idea of who their next target might be ..

If it's a large 150+ unit building, you can definitely get away with it with frequent trips to monitor and check up.

I frequently see loan amounts of $50k-$75k, just be aware there is usually a pricing adjustment on lower loan amounts which will increase your rate a bit.

You'll get to know some of the frequent posters, connect with them and see what they are up to.

A simple point in the right direction from folks like yourself with thousands of posts can make a huge difference and teach folks how to solve the next 10 similarly frequently asked questions. 

Now that the market has slowed FHA's are becoming far more frequent.

I'd have them spray the interior frequently if possible.

I quickly plugged the hole and also scattered cotton wool balls which had been soaked in peppermint Oil around the area too , as mice detest the smell.Anyway, we tried various traps and baits, the humane ones and the type that look like a big block of cheese, nothing worked and the mouse sightings were becoming more frequent.