Now I am really hesitant to close this deal...Deal summaryLocation: Norcross, GAPurchase Price: $218kUsing conventional loan - 4.375%, 20% downpaymentmarket rent $1600-1650brand new (less than 4 years old) townhome, end unit, in a very favorable locationThis community/area has gone up $60k in the last 3 years and I thought there was some room for more growth given the market condition + desirable location. 15 year old houses are trading around the same price in the area, which gave me a little more confidence that this property could gain value in the next few years.

Being that this is your first property, I would recommend being less than a day away so you can see the property whenever you need to, and if there are any problems you can go directly to the management company and discuss without hesitation or much planning.  

The current price of houses in Tomball has already blown up in the past few years, i don't think it can take another sudden jump.I invest in the area, so don't hesitate to get in touch if you'd like to.

My only hesitation is that I haven't been able to find any online reviews of the company.

I am hesitant to invest in the C neighborhoods for exactly the reasons you mentioned.

If someone comes to me, I'll send them your way.If you need help in your search or want to verify something don't hesitate to ask.For example: I have clients worldwide and things are just as easy as I e-mail them, talking on the phone.

I want to invest in a 19 plex but my wife and is hesitant and I am somewhat concerned about the risk due to my age at 64 and the time it will take for the property to appreciate.

@Sergey Tkachev, I've been hesitating replying cause I'm dealing with a major case of survivor's guilt.  

welcome to BP @Levi JohnsonDon't hesitate to reach out if you ever have any questions!

The other option was borrowing against 401k, but I would be hesitant to make this move until I am more experienced in real estate.