They often have units with well over 1000 square feet and oftentimes 3-4 beds/2 baths per unit which is great for getting stronger rents.

It will firm up quotes from the subcontractors, make your contracts much stronger  and also make the project move far smoother with better communication between the trades and reduce the risk of change orders. 

I planned for and saved 20-30% down for an A class property but hesitated to purchase as I was struggling with property management.For the prior two rentals, I had hired a relatively small property management company (but was tied to a large broker in the area) who worked with an accountant and assistant and probably had around 100 properties.

If you asked and they withheld info, you have a stronger leg to stand on.

I think many investors tend to fixate on low rates, often overlooking the returns on equity that remains tied up.

So even if you pick a state with stronger protections like WY or NV, the cause of action arose in the state where the tenant fell, so likely that the court where the accident happened would have jurisdiction.

In short I am replicating the process 4 times because I each one of my 1099s are tied to multiple properties.

I'm including things like RentRedi (tied to Bigger Pockets), the old Cozy.co (now part of apartments.com), TurboTenant, Innago, Lease Protector, Zillow Rental Manager, etc., in this group.

If not, then you are more or less tied to the property unless you want to sell or pay for someone else to live in it.From your numbers, the $2800 in rent x 2 would not cover the $6,100 PITI plus maintenance, cap ex, or vacancy reserves.

Here are some of the highlights: quickly set up bank accounts for each property and sub-accounts under those for things like security deposits and CapEx; virtual credit cards tied to each property; quick transfer of funds; ability to send money back and forth to tenants (some platforms are for collection only but won't let you send your refundable deposits back to your tenants); easily categorize every transaction into IRS Schedule E categories for reporting taxes; ability to split transactions; tenant management from vetting to drafting lease agreements to collecting rent.