If you aren't comfortable with leaning into people and managing them, you might find it more difficult.

I cannot find out whether the loan is actually going to be defaulted on.The customer service is horrible so my advice - STAY AWAYFinally, my email to them is marked SOLVED as if to say that they adequately and fairly answered my questionI am just glad that I limited myself to the one small investment

We stayed on budget and all parties received a decent return.

@Valerie Rogers I selfishly wish you would have stayed with them.

Many tenants buy stuff to feel better about themselves, both because buying is an act of power when they feel powerless and because there's a deep comfort in having a lot of your stuff around you to help you forget that the house you live in is not yours.

Another useful thing for me would be a CRM that integrates with email/calendar and such to stay on top of communication and deadlines.

I'm paying extra on mine currently, but only because I have PMI (loan acquired in 2012) that will drop off in November and stay fixed at 3.5% where I will stop paying it down & dump more into my down payment account & get better COC returns. 3.5, even 4% is cheap money!

This is possible for me, but it would have to be multiple gifts by separate family members to stay under the tax amount.

I visit my out-of-state properties twice a year and it's more than $2.5K when you look at plane tickets, hotel stays, car rental, etc. not to mention there is added risk when you can't drive by your property from time-to-time.

As an out of state investor that can't be hands on, I recommend staying away from lower end areas.