If you have an issue with that, or are long distance, hiring a property manager is a must.

I routinely monitor my STR 600 miles away from me.

I personally like to buy in towns/neighborhoods in which no new builds are possible within 10 miles because all the land is developed.

However, I don't find the long vacancy particularly enjoyable, and I'm hoping to gain some insight and grow from the experience.Has anyone else experienced this, and what did you do to avoid it?

My name is Omar Santander a new investor that is interested in residential units (single-family and multifamily, with a particular emphasis on multiunit), house hacking, long-distance investing, BRRRR and mid/long-term rentals.

Being out of state, I would suggest vetting your "team", meaning find an investor realtor, lender/s (hard $ / long term), property manager, contractors, etc.

Quote from @Chris Cox: Hi Everyone - I've been a long time learner on the sidelines of the BiggerPockets community.

Because you plan to be there a long time?

I am considering in investing in Single-Family/Multi-Family mid-term and long-term rentals.

I understand that completing long distances BRRRRs is a different kind of animal, so I am hoping to glean insight from investors who have successfully gone down this path.