It will be remote, but since you live there now, you probably already have connections who either already know the house or local friends to find you good people to service things as needed.  

Just wanted to add some caution there because there’s this narrative by the S8 gurus out there that, “these people will live ANYWHERE!

You can get 10% or better net caps in the US, all 100% hands off.  

Thanks Andrew Yes we are in ACNJ most of our properties are in AC but do have a handful in Ventnor and other shore towns. 

BP is a great place to definitely learn and connect with like-minded people. 

That shows real estate can be possible for anyone; in my opinion, I know everyone has unique and challenging situations, but in principle, anyone who can follow some basic budget fundamentals can save up enough for a down payment.Grateful BiggerPockets continues to bring more people into the industry!

Some people like Yardi and some like the next one. 

Some people need 2% above the borrowing cost (8% cost of hELOC you gotta then make 10% + etc) and others will want to double their cost of capital or 200% so it depends.Everyone's going to give you their anecdotal experience or what their preferences are so its good to hear it all and determine your own.

I avoid cash as it is a safety risk to have large amounts on hand.

But yes, now that we are here, maybe let him know that if things do not get up to date or cleaned up you will go to his superiors.When people are late right at the beginning, I let them know that the behavior is not acceptable and let them know there are consequences to that bad behavior.