To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

When you finance through national lenders, in your experience, is a balloon a common requirement for commercial loans of this nature or is it possible to get a fixed rate for 30 years?  

Save the low rate: Keep your current loan and focus on building savings for the next down payment through budgeting or a side hustle.2.

I used the background and credit checks offered through Cozy. 

As you know there is so much involved like lease renewals, maintenance requests, walk-throughs, etc.

We use the collection service through our PM software, but most of these folks become virtually uncollectable at a certain point. 

Initially my thought process was having them fill out an application through Zillow before touring the property, but I could see how that can turn people off to come to the showing.

IF you plan on going back someday, and this is the home you want to move back to, then renting it would be a good idea as long as you estimate that it will cover itself, or preferably, cash flow, which it appears that yours will at @ $2K or so per month (after expenses). 

Spreading funds across 2-3 properties could provide diversification and steady cash flow.

Cash flow approximately 350 a month.Option 2: Use the cash to buy land to build a 6 bed 4 bath duplex, all in cost approximately 300k/330k.