There are a lot of "rules" that sometimes change every year, so your CPA/tax guy needs to be current in his/her knowledge about this area.Lastly, I don't think you'll need a business license, but you should check with your local city and county offices on their rules.

Looking to get started in investing in cheyenne and other cities throughout the U.S.

And finally, if you ask me which markets are more overheated: Rust belt cities or the Bay Area, I think there is much more risk buying at todays prices in the midwest than the Bay!

A few weeks later he sent me a certified letter with some brand new arbhorist from 120 miles away (we live in a big city, he was shopping for someone who would agree with him IMO) to say the tree was dead.

We have a 4-plex in commerce city, colorado (80022) that we purchased in 2015.

I was reading on neighborhoodscout.com for the area where the duplexes are and it said the vacancy rate is around 20% which is higher than the city’s rate of 7.74%.

If anyone could help, especially an experienced investor in the league city, or Dickinson, or southeast Houston area I would be REALLY grateful.

Pricing becomes an art rather within city where you would have hard data to create/outline a trend. 

In regards to your questions - yes you can be an out of city or state investor and still be successful.

The availability of commercial multi-family in the suburbs is way less than in the city, so that's why you'll see most commercial brokerages focus on the city.