Is there a neighborhood you recommend in that price range 200k for a long term rental ?

To thrive in real estate investing, you must maintain a firm grip on your finances.

I can say one mistake I made was while buying in great neighborhoods (up and coming) I lost equity on two where we bought on a busier street.

What quality are these homes, the neighborhoods, and the renters?

For instance, at one point when I was working as a senior accountant in a property management firm, I was training a guy who was a CPA for 30+ years even though I was hired 2 months before him.I worked only in real estate accounting and financing and became CFO.

But in the meantime, if you aren't happy with your management company, I would suggest interviewing others until you have a firm understanding of all the facets of managing on your own.Good luck! 

To crystalize this point many years ago I was involved in a dispute with an architecture firm.

Specifically, I’m interested in understanding the costs, potential returns, risks, and strategies involved in transforming raw land into a residential neighborhood.  

And try not to over idealize like A class neighborhood/new build. 

To start, set investment goals, analyze properties, focus on emerging neighborhoods and budget wisely.