Should I Move or Should I stay?

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Hello BP! I have a decision to make come 2016 and need your help deciding.

For 2016 my number 1 goal is to buy my first rental property! I currently live in NYC and plan to buy my first property in Albany, NY which is about 2 and a half hours away. I'm still not sure whether I want to hire a property manager or manage the property myself. I currently have a job but it's a contract job and it ends in May.

I absolutely love NYC, all of my friends and family are here but I want to get started investing in Albany. I have two choices to make:

A.) Stay in NYC, travel every weekend to Albany to check on the property

B.) Move to Albany, manage my own property and potentially get the ball rolling quicker investing in the next few properties.

I'd like to know if you were in my shoes what would you do?! What are the pros and cons to renting out a space 2 and a half hours away versus moving to a new location I have some familiarity with?