., you have relatives who live there), then since you're going to do Long Distance investing, my thought would be, why not pick a place where there's some kind of trend happening in favor of that area.

I would pick an area that is B/C class with a housing inventory that has some value to be added with strong rental demand and ideally low enough crime for you to feel comfortable going there at night.

Pick you agent wisely, because the presentation of the listing and the skill of the agent can easily safe - or cost - you more than the entire commission.

I've experienced that in lower class properties priced under market, usually the tenants won't want the attention so they won't complain, but in A/B properties and especially when you are at or above market rate, tenants (rightfully) expect their units to be fully functioning in good condition.

Was this a vetting process for the C-Class homes?

Students, at least in my area, tend to be a higher class of people  and just much easier to deal with .

You need to pick the right market and the right home that needs rehabbing.

@CARLOS ESPINOZA if you are talking about buy/hold and renting out a multi, generally they have higher expenses usually tied to a higher turnover rate than homes and they are generally more work to manage than homes due to tenant issues, tenant class, etc.

Then you want to pick a market that you don't mind traveling to. 

It was a pretty intense class. before you decide to get yours let me put a few caveats out there. its expensive. between the classes, class materials, exam costs, licensing costs, mls costs, costs of hanging your license somewhere, business cards, etc, etc, it can cost a few thousand easy to get started. however, if youre still thinkin about it, triangle instutute of real estate is an amazing school with amazing teachers and tons of valuable testing materials. i highly recommend it.