When you put it this way " If I had $100k would I invest it in this out of state rental in a neighborhood which I know nothing about" makes for an easy answer, No.Would rather look at markets where we have feet on the ground and local knowledge.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

If anyone ever wants to be added to that mailing list just contact me.In the market report last Sunday I found out that the Wichita area as a whole actually depreciated in value when compared to this time last year by 0.72 %.

Some common reasons: Basements: ground is sloping toward the building, no gutters, poor soil, high water table, leaking pipes below the foundation or near the foundation.

Then I hit the ground running with the due diligence and ultimately bought his property. 

Commercial real estate is very backwards compared to residential.

High cap rates, but watch for the fool's gold(a listing with an outlandishly high cap rate, for instance- on those, you'd be lucky to attain half the cap rate.)If you're not planning on having your boots on the ground, I'd say don't start with a property needing tons of rehab- better to start with a high-quality and high-functioning property, build your team, and then go for a rehab if that's what your goal is. 

I'd also keep this in mind.For health insurance- I'd recommend having a chat with your accountant who can help you compare actual numbers and benefits vs. the theoretical which we are talking about here.Retirement Plans: This is a much smaller hurdle to jump over.

Here is the quick pros and cons on both.Gloucester: Pros -  Good tenant pool, strong schools, most houses have public utilities, consider the more desirable area of Sicklerville by the local populationCons - higher taxes, pulling permits takes the full ~21 days, higher home prices, overall thinner marginsWinslow:Pros - Lower cost houses, rental friendly township, strong demand for rentals, slowly up & coming in certain neighborhoods, lower taxes, overall fatter marginsCons - Lots of C and D neighborhoods and lackluster tenant pools, poor schools, the more east you get the more well/oil/septic you find, considered less desirable area of Sicklerville by the local populationBy the numbers both GC and WT have similar rent rolls only off by $100 to $200 depending on the house type, therefore Winslow you will net more but have a slightly riskier houseAgain this is just a general view, you'll want to look at each sub-division as there are massive swings within each twp (Ex: Brittany Woods compared to Cobblestone in GC)

In comparing Annapolis , AA county and PG county , plus DC .