Greg:    First, do not get discouraged by anyone, someone else is doing it so you can, not going to be easy.If not done already I suggest to look into this:Enforce that PM uses a great website for rental screening, ones with a background check and choose the best tenants possible.Review you leases to close any pitfalls and enforce the lease to the T.Keep the units in good shape and keep extra cash reserves ( fixing + trip expenses )Tiger than normal lookup on the PM ( have second PM line up ), vacancies, unit showing costs, repairs, fees, etc,  require a once a week normal operations report and a once a month full operations report.Family, friend on virtual assistant that regularly drive by the property and reports to you, or if cash flow allows and deem beneficial you can install security cameras and remote view activity on the property, nowadays there are lots of options.Check if feasible to get a home warranty plan for the units so some pain issues are self-managed by the tenant via a phone call to the warranting companyIn which city/state is the property? 

@Adrian Moreno You have two pretty easy options.1) Go to the neighbors and ask if they know the owners and where they are.2) Use a skip tracing service to get the phone number and heirs of the current owner.

Please check with a professional regarding your own tax and liability implications, I’m answering from my own personal experience.

Hopefully others have had better experiences.I have pestered ABC with multiple emails and phone calls - most of which go unanswered.

@Christopher Winkler I don't know the laws in your state, but in PA, having a non-professional investor (such as a first time buyer) sign a quit-claim deed to be held in escrow until such time they default on their payments--that's considered a 'confession of judgment'.  

Hey @Andrew Merritt, I have never been down there personally but I just took a professional development course that talked a lot about this.

Also a lot of time spent trying to thing of other passive income streams along with jobs that I can do from my computer at work, which have evaded me thus far.The question I have for you all is a list of the pros & cons of gaining my real estate license to use on a part-time basis.My job is flexible in that I can leave the office to make appointments nearly any time of the day and am able to answer phone calls.

Happy to help with additional input or get on the phone if that helps.  

I moved from Brooklyn last year, and  closed on a multi-family home in Bergen-Lafayette, there's mass development going on everywhere, "hipsters" and young professionals populate downtown, and are even moving in inner-city neighborhoods.

He was responsive and professional.