Also, David Greene has a book called Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties.

Secondly, if you can find a all around handyman would could do most of your repairs, then you should have no problem managing long distance and it should make your numbers look better.  

Being at a distance, or OOS as most call it, is making it a little harder to establish these relationships.

This involves:Reading books (the ones I've read so far - Long Distance Real Estate Investing by David Greene, The Book on Rental Property Investing by Brandon Turner, few more authors like J.

(so about 10% ROI on downpayment, counting property tax and hoi, not counting repairs or anything like that.)I am a totally new to being a landlord so Im hoping to get a property management company, that could help me.Now to my questions:- What do you think are the risks to investing long distance with a management company?

Alright, I’m just gonna go ahead and stick my head out there and get straight to the point. All business. If you’re someone who is outside of Baltimore or maybe even inside of Baltimore and wants to invest here but un...

However, this limits the places I can invest in, since I need to be in a reasonable distance from MIT and Northeastern University (where my roommate is attending).  

It will give you much better insight than listening to the ones about stuff that is off in the distance, like apartment syndication or mobile home parks.

Like Boston, any University town is going to see some rocky months ahead as the various distance learning decisions roll through the rental markets. 

Long Distance Real Estate Investing by David Greene is a favorite of mine, as is his book on BRRRR investing.