Out of town rentals?
I've noticed several of you mention you buy rentals out of your town and state. How do you manage the rentals while living in a different state? Do you use PM primarily? How does that work for you if you do?
I really like the idea of buying in different cities, for one thing I love to travel when I get the chance but more importantly you can pick out specific markets and don't have to wait for your own backyard to become workable.
What do you usually pay in PM fee's and how do you find a good PM? RE agent recommendations?