I understand that it is usually better to be closer to the properties you rent out, but I still was curious if investing in an Out of State property would be potentially worth it.

Usually that's where I host my events.

Any change from the last landlord to you (how to pay rent, when to pay rent, utility costs, etc...) usually end up as a conversation or attempted negotiation rather than the rules of the building. 

Usually the BP community is pretty good about helping and answering questions, but I can't really find any good advice or sources to use for finding property owners information especially their phone number.

Costco usually has the cheapest option for this

That 80% figure is hard to obtain and usually reserved for borrower's with strong financial statements, experience in owning the type of property being purchased, and a solid A or B subject property.A more realistic LTV would be 75% or lower, perhaps as low as 60%. 

As a landlord, you can usually post your homes for free on sites like Zillow, Realtor.com etc...are you already doing that? 

@Carley Corbin Usually each county has foreclosure auctions published online through the county website.

The guys that do that *usually* have decent paying day-jobs, and are more interested in having a bunch of paid-off properties for themselves or their kids when they retire than having an extra $150 per month right now. 

If you have 2 panel boxes its simple and usually easy .