I joined with the intent to surround myself with others in the field and build my confidence and understanding of the subject matter (:I live a disciplined lifestyle when managing my expenses and living below my means.

Here you are basically hitting it without needing to manage a property in another location.

But one of my clients has most of his portfolio out there.He buys cheap, renovates and rents out.

Here's her most recent thought on the matter if it helps: "Lack of inspection during building by project managers [is the problem].

This one might need a house manager in a few months so some chance to live cheaper in exchange for managing the house. 

The only other question I would suggest is that you do engage a property management company to review your quad and review your monthly financials.

Portfolio Approach – If you plan to build more homes, some lenders may approve a construction line of credit based on your overall experience rather than just SFRs.

But let’s go a later deeper - my down payment would come out of a well performing stock portfolio.

Would love feedback from anyone with personal investing and/or property management experience in these cities.

Strategy 1) Buy tenanted properties through a reliable turnkey provider/property manager.