buying/renting long distance

[Brian Ewell]

I live in Salt Lake and have found it hard to come across a deal where the numbers work. I have started looking in places outside my area, but I'm concerned that because I'm so far away I won't be able to make the right decisions when problems come up. 

In Salt Lake a 4 plex is about $350K to $400K and in Las Vegas it's about $200K. Rents are a little higher in Salt Lake but not much. 

Has anyone bought and rented in areas outside of their home area? How did you do it?

I have a full time job and can't just leave for a few days when I am needed.

I would get a better bang for my buck it this area, but I'm unfamiliar with it. I would need a good/trusted property manager etc.

What are some good action steps to do this?

Thanks,