I am new to RE investing and looking to learn especially about property valuations.

I am also open to considering opportunities in the Riverside / Five Points neighborhood, or San Marco, in Jax.Ideally, I would like to find a livable property with 3+ beds / 2.5+ baths, make use of FHA to purchase, and rent out 2+ rooms while renovating into separate, complete units.

You may also consider the power of a site like prop stream where you can see who owns a property and which other properties they are linked to. 

At least ones that will walk the property with you and give you an fair estimate. 

Some people will do this with one building, then after a year go out and repeat the process with another property.

Since we will be investing remotely, we plan to work with a property management company to oversee day-to-day operations.Does this sound like a solid strategy for a first investment property?

Holding the property.

Quote from @Anshuman Thakur: Can someone please shed some light on how- convert 401k to SD IRA- how to use SDIRA to buy properties- how much down payment is typically required if we are using SDiRA to only fund downpayment on a multifamily CRE, and which banks typically work with SDIRAs- how does LLC structure- property management and cash flow work in this situation?

Working on lender and property manager now.

Whether it be cleaning their properties or doing manual labor.