Its a 3 bed 2 1/2 bath.It is around 255k and I am using the state's first time homebuyer loan that provides 6k towards the down-payment.

This gives me more time to figure out how I could make this work from out of state.

Any advice would be greatly appreciated.You wouldn't need a registered agent in Florida if the LLC is out of the state of Nevada .

As a beginner, you can learn a lot from your uncle with a few rentals in another state or a co-worker who's on their second house hack.

The rule states that your rent should be at least 1% of your property’s sale price.The 1% rule or guideline is a helpful tool, but should not be your main metric of success when analyzing an investment property.

Did you have the seller sign disclosures that are clearly stating that the loan will stay in their name and could affect their DTI?

@Ryan Larsen what @Nicholas L. states is pretty true.Being a PM is NOT a high-paying, often not even a well-paying job.If you're set on that strategy, start calling up local large apartment complexes and asking if they are hiring.

@Mike Harrington I've used Jeff Kolp with State Farm for 7ish years now and his team has been more than helpful and prompt.

So I invested out of state. 

I found it     Thank you once more.Early Lease Termination FeesA lease with a clause the makes a tenant pay a set amount for breaking their lease early is illegal in this state.