You should have your own criteria, run background checks (always, but especially when putting two strangers under the same roof.  

Don't stay a stranger! 

@Leo Khmelniker Whats up stranger?

Pro: Higher day one cash faux.Con: You need to hop on a plane (or long car drive) to visit your property, which leads to ...Con: You are less familiar with the market.Con: You are 100% dependent on complete strangers to make or break your investment for you and keep your best financial interests at heart above their own.Con: Can't easily verify work is being completed in a quality or timely manner.Con: If problems do arise, it will take you longer to find out and they will grow larger in that time.Con: If something goes wrong that your team can't fix (or in all likelyhood caused) then it is harder to for you to step in to fix it, stabilize the asset, and recover.Con: Lower appreciation and rent growth ... if you think this is speculative and not consistent, then review the last 50 years of price trends in the market you are in now vs the out of state market you are considering.Con: Lower tenant quality.

Also, empower tenants with a bucket (some brands come in boxes) of ice melt, one at each door (few will shovel, but most will throw ice melt on their porch between your shoveling intervals)..Whatever you do (DIY or contractor), have a plan in place and reasonable maintenance intervals (like biweekly mowing, or shoveling with 2'' or more, inspecting for ice etc) and don't just rely on the kindness of strangers (or tenants) to do it.

Direct Mail, Bandit Signs, tell your friends, tell strangers, tell anyone who will listen that you buy houses for cash.

I cant thank you enough for your kind words, its truly awesome I appreciate your time, thoughts and effort in this post for a total stranger you don't even know.

Remember, whether you are renting to your daughter or a complete stranger, this is a business.  

The great thing about this is that it takes away the personal fear factor: I have never felt comfortable in that room of strangers "Networking", and I'm sure there are more people like me out here.

I don't think you're going to get far posting to strangers on the internet.