Just a few tips that helped me along my journey. 

We have a unique customizable fund platform that allows you to raise money one deal at a time instead of a blind pool fund that forces your investors to invest in each deal.

There are plenty of books out there that give you advice and tips on what to do and how to draft leases but if you're still uncomfortable, then having an agent by your side for the first rental, might not be a bad idea. 

@Terrance ColemanWelcome to the community and be ready for a huge amount of information at your finger tips.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

What are some tips/suggestions you'd offer for Long Distance Self Management? 

Mitch thanks for the tips and advice.

I’m particularly interested in house hacking as my first strategy.I’d love to understand more about what to look for in strong investment markets, practical tips for house hacking, and the financing options available for first-time buyers.

However, let's say the lender were to foreclose on an existing PadSplit, what has a larger buyer pool: (since any lender that want's to foreclose wants to make the disposition of property as seamless as possible), a standard SFR, or an SFR with multiple modified bedrooms/faux walls?

Trying to go the seller financing route may severely limit your buying pool.