Just do your due diligenece on being a landlord ( BP has plenty of great books about rental property, being a landlord, etc) that will help you get better prepared.

@Stewart Van Wyk - it is very possible, I have plenty of out-of-state investors. 

If you're in Baltimore, you can certainly buy cash-flowing properties there and there are plenty that needs rehabs.

I have made plenty of mistakes over the last year, but have learned more than I ever thought possible.

Utah is an awesome market that I believe has plenty of room to grow.

There are plenty of posts here on BP that go in to detail about a few of the exit strategies and I employ a lot of them. 

Zoning would permit it, large lot provides plenty of space for parking or additional unit construction Thanks in advance

I've never had 30 years of squirrel damage in an attic, or standing water with mold winking back at me on all the walls and doors, as the spiders and mosQuitos invite me for dinner... 

I know plenty of investors who love these C/D class neighborhoods in Baltimore specifically because of the cash-flow.  

I know many NYC guys coming up here to places like Schenectady (where I own a few units), Albany, Cohoes, Saratoga, Ballston spa etc etc. and I also know many who drive further up to Rochester and Buffalo looking for deals. plenty happening upstate.