Optimally, I would like to manage my first rentals myself to get the learning experience, so finding something within driving distance would be great.

My take was to focus on not wasting money on the artifacts that traditional society (and American marketing) considers a wealthy person should own and that you should optimize your financial resources to what brings you true happiness.

I echo what everyone else has said about optimizing your cash flow.

I definitely would like to keep 50% of what I owned if things do go side ways, which means controlling optimal reserve is the key in this equation.

Just figuring out my most optimal exit strategy legally and creatively.  

I tend to acquire multifamily property in markets with a compelling growth story (of course the future is uncertain but it pays to begin in the right direction), improve the property to bump the income in the front side of the investment, then monitor for the optimal exit point.  

I can't allow the excited blind optimism to go all Willy nilly on me.

@Jesse Lentz, family = emotional decision making = less than optimal investing.But, you already knew that. 

@Justin FussellGood questions.1) Tax delinquent should have a higher response rate than high equity absentee because absentee is the low hanging fruit that all investors target first and it's the most saturated. 2) Once every 3-4 weeks is optimal.

So far on my channel I have 3.6k subscribers ,1.14MM total views , and about 76 videos generating growth in a short period of time using the Youtube algorithm and Google Search Engine Optimization(SEO).