Long distance investment?
I am trying to decide what my smartest investment strategy should be. I am in Southern Ohio and am looking at single family homes. my largest concern is that this a market that has been losing population for years and I do not see a whole lot of upside potential in property values or rent. My other option is to look at small multifamily units in Columbus or Cincinnati that I would then have to rely on property management companies to handle day to day. I would be self managing any local single family I may buy at least for the meantime. Any advice? The thoughts of long distance ownership for my 1st investment is quite intimidating.