and occasional vacancy its a 40 unit low rise. 

We are not particularly probe to weather events, although we do get the occasional hurricane scare every few years. 

Even as a brokerage, we occasionally have to deal with a false ad for one of our listed properties.  

We've never experienced any damage, maybe occasionally a broken key or something odd but this is rare.  

Occasionally, you may lose some money, but if you know your business, this will be infrequent.

As an agent, I grew very tired of trying to find a broker that didn't disallow something - or several somethings, such as:A lot of brokers in Ohio don't permit property management - not that I want to be in that field, but occasionally something would come up where it was warranted (and worthy of my time), but alas, I had to refer the business elsewhere.I won't even get into the wholesale/assignment of contract topic - I was with another broker for a long time (also an investor) who allowed it, because he understood it.

I occasionally listen to podcasts and am still amazed at how the headlines never match up to the content.

I am in the FL market but occasionally make my way up to that part of the country.

If you don't have family or friends there, find one that is easy to fly to occasionally. 

however, i am keenly aware that certain types of investment schemes (for lack of a better word) tend to end badly....occasionally with out of state investors holding the bag with a loan they've guaranteed on a house that is truly worth maybe half of what the appraisal says (btw, i am not a fan of appraisals...).