Additionally, there typically are additional state protections (outside of the agreement) based on where the fund is located.

So - somewhere 2 hours away, or somewhere you like to vacation in, or where all your family lives, or where you plan to move someday.Too many people are trying to do exactly what you're doing - pick a market based on a formula - and they end up buying a random 'cheap' property thousands of miles away, turn it over to people they've never met or even spoken to, and then... lose money.  

-based investors.

Time is money in the service world and you should expect a base charge if a PMC has to send a ServiceTech to fix something that truly only take 10 minutes to do.

From there, you can research through zillow/redfin whatever but your best bet would be to find an investor/agent (I a one but based in Fort Lauderdale) who can guide you through the process.

Warner Robin's is another great market...there's  an airforce base and it's in close proximity to Macon which makes it ideal.

Set clear and consistent application requirements so you can base your decisions on solid facts.

The only reason I brought up that I coach in a comment was because I disagree with Henry's approach based on significant experience.

That also plays a major role in what to do. end of day stocks and real estate over time provide the same return on average - so it is really based on the individual, their experience and desire Thank you. 

The interest being deductible is based on the use.