Out-of-state landlord?
we live in SoCal. and we are really interested in purchasing a rental duplex or 4plex in other state( now we are thinking about SC) we have a broker and family members there can take care of it if it's not complicated problem.
However, a friend told me being an out-of-state landlord is a lot of hassle, like I might need to going there a lot for some emergency. Even purchasing a property that's a little far form where we live is not wise. so It's just not a good idea to be a out-of-state landlord. Is that true? Thank you.