I think the AirBnBs are making less money, so people switched those to daily room rentals, to try to get the same return that they once had.I think we could all agree that the further you get from downtown, the more difficulty you'll have with daily room rentals. 

I think I would have some difficulty working with someone I barely knew, on buying multiple properties a thousand miles from where I live.I think each one of those steps could be risky, ie 1) buying your first rental....let alone two or more 2) buying out of state 3) working with a new partner.  4) working with a partner who you didn't have a prior relationship with. 5) buying multiple rentals at the same time.Look, there are a million ways to do real estate, and everyone has their own risk tolerances, niche, investment goals and capital to invest. 

Did you have any difficulty looking for tenants? 

The difficulty in trying to vet this opportunity us that you have no easy way to determine what the actual loan balance is.

How difficult is it to answer your own question. 

Hi All,I own a 6 bedroom SFR house in Orange County, CA that I am having problems finding adequate insurance for due to my unique rental situation. I currently have 3 tenants who each occupy a room. I intend on findin...

@Kevin Samuels  bringing a contractor with you to help estimate repairs is ideal, but you mentioned the difficulty of it already... it tends to be a poor use of their time, particularly with re investors who only purchase a very small percentage of properties they see.

Check the VA website for more detailsVA loan bebefitsNo down payment as long as the sales price doesn't exceed the appraised value.No private mortgage insurance premium requirement.VA rules limit the amount you can be charged for closing costs.Closing costs may be paid by the seller.The lender can't charge you a penalty fee if you pay the loan off early.VA may be able to provide you some assistance if you run into difficulty making payments.You should also know that:You don't have to be a first-time homebuyer.You can reuse the benefit.VA-backed loans are assumable, as long as the person assuming the loan qualifies.http://www.benefits.va.gov/Ken

Going out of state is an option, but being a long distance landlord has its obstacles and difficulties.

But I would never consider them because values are stagnant with little if any growth, if a region doesn’t grow think of your difficulty when selling in a un attractive market.