Managing Properties from far away
i am considering making an investment on a property on the other side of the state or in another state altogether. Does anyone have any experience managing properties from far away? Also, you never know what the future holds - lets say i move to CA in 10 years and i have an investment property in CT. For those of you who successfully manage properties far away, what do you advise? What if you have a problem with the tenant? what if you have a major problem with the property? do you employ a manager or management company? If so, what do they typically charge?