My explanation was more for the benefit of other folks who might be "vulnerable" to accidentally investing themselves into a job;) Yes those micro units are intriguing to me.

I only need to sign "Assignment of Benefit (AOB)."

@Calvin LipscombBy curtailing the duration of your inspection, the Vendor is essentially not permitting your diligence - which in your purchase contract should be worded as "inspection to your satisfaction".  

Can anyone tell me why some condos in the same zipcode of waikiki beach are listed for dirt cheap for essentially the same square footage, zipcode, HOA fees.......

There are a few areas you need to be careful of, but the rest of Riverside is pretty nice and it benefits from being so close to OC and LA.

Would you still take the risk of OOS investing even though you do not have the benefits of managing in person?

Eventually building a team will be essential to your success- Lenders, RE Agents, Property Managers, Insurance Agent and then building your inner team if you decide to form an LLC or something- Money partner, Contractor, Etc.

However, to maximize the benefit of the qualified business deduction (Section 199A deduction), an LLC might be the better choice even with the higher self-employment taxes. 

While also having more tax benefits than single family homes and requiring less money upfront than apartment complexes.

I believe on any type of government payments, the tenants are required to be respectful of the property or they risk losing their benefits...