I think prorating rent is the best strategy for a positive customer experience. 

Once your bid wins you need to wait until you actually get the deed from the city attorney to begin any work.

Hey William, I have 12-doors in Detroit (will be 14 next week) and 3 of them are rented to section 8 tenants.There are pros and cons, and I'm happy to talk about all of those if you want to connect.At the end of the day, S8 is a decent program and works well as a tool (not a strategy). 

Therefore, there is no real tax benefit to having an LLC.You may also want to have a discussion with your attorney on the real level of protection you would receive from this strategy in your state. 

@Rickey Walker, due to market conditions, interest rates, and scarce inventory, sourcing and acquiring long-term cash flow rentals is difficult, to say the least, unless you put down 35%-40%.As I inform most folks, you'll need to implement a creative strategy if your investment criteria predominantly focus on achieving cash flow.

Look at their marketing strategy.

I'd echo the advice already given.Start hanging out with the local investor community and start talking with RE brokers and lenders who have experience and expertise in the strategy you land on.In your case, I'd take a serious look at househacking.

What are the strategies to buy and manage rental properties out of state ( I am based in CA).

Part of my strategy is finding rentals that I can license as adult family homes or senior care living.  

@Justin BrownThe only thing I would add, is the house hack strategy's underlying timelines is long term.Do play out the next 5 years with cost, rent, and appreciation increase.Don't forget the tax advantages as the cherry on top.