These factors make it an attractive option for your investment criteria, balancing cash flow and appreciation prospects in a stable economic environment.

The great thing about either marketing system is that they give you a prospective seller's phone number.

Let me start by saying that I am a new landlord or at least a prospective landlord.

Always do a math analysis and try to look at the prospective property before you make an offer or at least have a clause in the sales contract that will allow you some time (about 15 days) to do a detailed inspection and possibly back out of the deal without a penalty that will hurt you too much.Do not try to do everything yourself.  

I've asked some of this stuff to prospective managers but not all.

I’d managed the properties myself, and the prospect of trying to do that while living out of state seemed unrealistic. 

We are always looking at prospective projects and have offers in on a small multi-unit as well as a commercial property.

From financial prospective it is better to buy a 4 Family house - this way you would live in it for Free while your tenants are paying your mortgage (you may even earn some extra income).

The property is a college rental and I purchased it already with prospective tenants in place and a property manager. 

Purchased a house in Prospect Park, NJ back in July.