What's Next on Acquiring more???

[Nathaniel Jones]

I have a property that is 4 hours from where I live.  I bought it 19 years ago for 90k.  The current balance is 49K.  Just had it appraised for 100 - 110K as is.  I want to put about 30K into it.  It has not been well maintained over the last 19 years with a string of just bad renters and the person I had managing it just didn't do good quality repairs or work to it.  It needs new kitchen, flooring, paint, windows, and the 2 bathrooms need work as well along with a drain field on a septic system that seems to have a lot of issues I'm told.  The realtor that looked at it said I could get about 170K to 180K if I did the work to it.  

My goal is to acquire more properties, but closer to easily manage it. For example I bought a home 2 hours away that I am positive cash flowing on by $400 a month. I am being told I need more money down for another property. Should I flip the first home, do a BRRR strategy of some sort on it to get more $$$ for another property. Fair rent in the area for a 3bd/2bath is about $1050 per month.

Does someone want to give me one on one advice or just post your ideas and guidance here. Thanks in advance.