How far away will you self manage?

[Ryan Dossey]

I have a property owned by a family member that is a 2% property. Triplex. Fully renovated and rented. Each unit rents at 525. 

525×3= 1575

I know all the other numbers and it would be a great addition to my portfolio. Family built the building and have owned it for 30 years. But it's 50 minutes away. What do you guys think? 

[Joshua D.]

An hour drive is the most I would want to do... 

Is there a lot of deferred matenence on the place?  When I hear someone have owned a place for 30 years I think of differed matenence and undervalued rent.