@Carolina E.

Having a reliable PM who is familiar with the area is worth its weight on gold in these situations (as an out of state investor).

2571 E Montlake Pl E, Seattle, WA 98112https://www.zillow.com/homedetails/2571-E-Montlake-Pl-E-Seattle-WA-98112/49101802_zpid/

@Josh E.

In this case, I guess AirBnB or VRBO and they will wire the money to the owner directly.If anything happens to the property, who will come to the site and deal with the issue.If something breaks, who will be responsible for the damage.For taxation, it sounds like your investors file Schedule E for their tax returns.

@Christian E Ball - When you are in a tight market, you need to get creative with your marketing to potential sellers. 

Take a look at Schedule E of the tax return. 

Many electrical boxes in ceilings are not intended to support more than a low weight light fixture and I'm sure no one on this forum wants a spinning fan dropping onto a tenant's bed.

But I do love driving my Jaguar E-Pace...fun to drive but I wouldn't buy it.

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