After looking at properties, my main concern is vetting a property manager, tenants and others on the ground level.  

There's a GREAT podcast that talks about this:  BP Podcast 073: Investing in Rental Properties When Your Local Area is Too Expensive With Mehran Kamari: http://www.biggerpockets.com/renewsblog/2014/06/05...I will throw my 2 cents in about turnkeys (because that's what I do): You have to have a "boots on the ground" team with integrity, or you could end up with a "great deal" in a warzone.  

All resulting in denial of not enought const. experience.I found a portfolio lender in Denver willing to give us the loan but they want a G.C. with experience and a track record to actually sign on the loan with us that way the bank knows there will be boots on the ground.

Here are some things that a buyer may need to know about the property, besides liens and comps (comparable sold properties): zoning, setbacks, easements, utility length/connection cost, phase 1/2 soil assessment, survey, legal access, and flood zone.

Hey guys,I'm still in the studying and research phase of learning real estate and right now and I'm kind of stuck on the business entities side of things.

Simply let them vent and stand your ground.  

Be sure I will appreciate your commentsHi Jean,Its great to have an investor from France on the forum.I was also once a foreign investor just like you before I moved to the US 2 years ago.I would strongly suggest that you don't get caught up in calculations of declining populations and crime rates.There are good and bad areas in every city of the US the same as growing and declining populations.Through my experience I have learnt that the most important thing especially when investing from overseas is to have trustworthy people on the ground that will have your best interests at heart.I have probably written the above words in almost every one of my posts lolI like Memphis and both Birmingham.

The tenant has no legal ground to break the lease and cannot take me to court. 

Just make sure that since you are investing remotely you have a good team on the ground, especially property management.

along with endless supplies of flat ground for new developments.. changing demographics were whole neighborhoods changed over time.