Norristown has a lot to like: walkable downtown area with cheap units and right the transportation center.

It would be better to invest in a smaller condo in Astoria, or a larger property further outside of Manhattan, but near transportation, than to get stuck in a bad co-op investment that can change with each annual Board meeting.Best of luck,J.

If the answer is NO, then you'll be wanting to search for areas that are close to transportation.

Memphis can be tricky for out of state investors because of street by street differences and difficulties finding good tenants, especially at lower price points.As far as socioeconomic factors, Memphis has a lot of transportation industry businesses which provide solid blue collar work, and much of this stayed open as essential even during the pandemic.

One thing you will also need to consider is LTIC (Local Transportation Infrastructure Charge).

Not sure you can file a storage lien (see link below), and a bonded title is a pain (unless the car is worth it).Texas Transportation Code Section 683 Abandoned Motor Vehicleshttp://www.statutes.legis.state.tx.us/Docs/TN/htm/TN.683.htm

Some areas are just fine, they are mature neighborhoods, outdated floor plans, style, detached garages, that lack amenities but they are certainly functional.Look for properties on or near public transportation routes, bus stops.

But it's the same if you had residential units too.Guess what, you charging more than the actual cost of utilities just put you in the utility services business, you are a utility provider, you have no idea of the federal and state regulations you just got involved in, besides being an unregulated utility provider! 

However, keep receipts for costs incurred for labor and materials and you can also include a cost for your transportation and time incase she does decide to take this a step further. 

Certainly not enough to be successful in paying her utilities, food, transportation costs, medical costs, entertainment costs, and other incidentals.Also, treat every applicant the same.