For example how do you identify with confidence that your market attracts more professionals vs. families vs. bachelor/bachelorette parties, etc. and therefore how you'd know which amenities to offer?

(Unfortunately, the investor fell for this gimmick and did NOT get their own 3rd party inspections, appraisals or even visit the properties they were buying, against our best efforts to encourage proper due diligence and follow our check list for their own protection.)So now some people are stuck with properties worth half what they paid (not all RWN members), with no renovation done, and constant repairs and vacancies. 

You are correct; it would be awkward having two different parties staying on the property. 

The hardest part is taking that first step, and you’ve already done it—now it’s all about being a sponge and jumping in when the opportunity feels right.I am happy to answer any questions you may have.

If an attorney needs to get involved i currently don't have one, can anyone recommend one in the Houston area if need be? 

So this involves hiring an architect draw up plans ($1,000 - 3,000 if I had to guess).  

Divorce - its easier if the house is in the divorce decree otherwise you need to play mediator between parties to come to an agreement. 

But now you have a challenge of documenting both your time AND time of everybody else involved with the property.Now, to answer your question - is it possible from out of state?

Quote from @Logan Barwick: I Am looking at getting involved in rental properties and debating on which option would be best.

I strongly recommend getting involved with your local REI meetup groups so you can work out your pitch with help from other landlords.I hope this doesn't come off the wrong way without tone or facial expressions behind it.