New to investing - interested in multi-family rentals

[Praful S.]

Hi everyone,

I've finally saved up to make a down payment on an investment property. (I'm an accidental landlord already!). I'm interested in multi-family buy and hold strategy for now. Something that is professionally managed but still leaves some positive cash-flow. How are you guys finding deals to invest in? Where do you go to start your search? In NJ, these deals seem to be virtually non-existent. So, I'm open to investing almost anywhere in the country. So far I looked at Philadelphia, Dallas, Raleigh (mostly on loopnet). What do you recommend in terms of long-distance, hands-off type of investing? Is this even doable or am I sounding crazy? 

Thanks!