I worked exclusively in STVR property management on the island and currently work in long-term property management servicing the West Metro (Minneapolis).

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

I have a great job that I love and currently do not need to spend the cash flow from the properties. 

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

If you do find that the costs to maintain the investment property are too substantial and you'd rather sell down the road, it would qualify for a 1031 exchange since the property was held for investment use.

When it comes to finding properties, AI tools like PropStream and DealMachine automate searches for investment opportunities based on specific criteria. 

Where you live in relation to the investment property shouldn't matter.

It would cost me only $2300 per month which includes rent utilities furnishing and property management. she showed me one example only of a customer who profited greatly.

With HML at least you in theory can vet the property and keep a low LTV to ensure you can be made whole.

Quote from @Lymarie Cervoni: Looking on using Direct-Mail Marketing for Off-market properties, any recommendations on which real estate investor list to buy to target the Tampa Bay area?