If you go OOS talk with a few local investors (someone unbiased not trying to sell you anything) and do lots and lots of research and fly/drive to the area. 

there is a judgement my name would be on record - for a longtime - even though this was a business dealing and not a personal deal.In my case, I own my properties in my name and self-manage my properties with a Single member LLC.,  and I am thinking of using the LLC name as the "Landlord".

Those operate more like a hospitality business than a rental business.

Both those large projects aren't relying upon local jobs but city jobs.  

IF that is the case, pick on where the rent is low and that solves one of your problems.you should be able to find out what your local laws are online.

If you're buying a property that is not new construction you  may be able to call the local utility company to find out what the power bill typically runs so you at least have a ballpark figure.Good luck to you.

This is the kind of situation where you absolutely need to get a local real estate lawyer involved.

Those people get excited about creating an awesome guest experience, they love to nerd out about revenue management, photography, staging, and other parts of the business so they get really really good at it, and they have jobs that allow them the time to manage themselves (and this doesn't have to be a lot of time btw).

I serve Wilmington, and the surrounding counties and along with local beaches.Sherri Ingle

Also I was going to open a business account for the property which requires Ein.