The worse that could happen with conventional loan on your investment property would be that you'd have to pay PMI if the equity falls under 20%, so if your cashflow can take that, I think you are all set? 

It's free and once you set it up initially you don't have to mess with it again. 

While my experience is limited, it sounds like setting up a set of good criteria for tenants and then following them without exception is one of the best ways to avoid problems. 

I want to follow the BRRRR strategy  and self manage while I am here and work to set in place good management before returning to CO.Like I said I just got out here a week ago and am just starting to network and learn the area.

Depending on the duration of your tenant, you can calculate the amount of extra money needed to set aside for this expense.

@Kashif Riaz depending on how you set Podio up it can be a help or a hinderance.

I think the above would still be your best bet minus the house hacking - IE: find a place that is best set up to produce income, but also has substantial opportunity for improvement.Just my 2 cents.

This is a given in any cold weather climate.

I know this topic has a lot of forum questions dedicated to it already, but my go-to resources direct mail list resources seem to be set-up differently then in the past.I have used Reonomy and List Source previously for direct mail leads with good enough results that I'd use them again, however Reonomy has just recently been forcing an annual contract instead of monthly which is WAY too costly for what I need, and List Source has split up the commercial properties list differently then the last time I used them and almost all of them are listed in "Commercial: miscellaneous" with every other property types, and I have tried filtering differently with no positive results.My goal is to get "true ownership information"(Names, Addresses, Phone Numbers of people who own LLCs & INCs), but for now this is a one time thing, so I don't need an annual contract, and I don't want to pay thousands for Co-Star for an entire year or something.I do have TLO, however pulling multiple owner's information is very time consuming, so I'd like to do this only for a few select properties.Long story short, I'd settle for any ownership information whether it's company data or not, but I'd like to do a one time deal and get 500-1000 leads.

Having set up a Buisness page and posting content on a daily basis, i gained a following very quickly.