But we've got members from CA, Maine, Detroit, Philly, Cheyenne, Iowa, New Orleans, Cleveland, DC, Virginia, Texas, Las Vegas, Annapolis, KC....so pretty much all over.

It might make more sense to hire someone full-time on the ground to manage the day-to-day.For tools/systems I think you're going to be looking at the main property management software providers.

I'm mainly focusing on Old Town, but would be open to Del Ray or Potomac Yards.  

For example, should I have one checking account that manages all expenses, such as down payments for properties and serving as the main source for rehab budgets?

There may also be local zoning or regulatory hurdles, so it’s important to ensure that dividing the property won’t create any compliance issues.

Just hurdles to get over.  

This property in particular had some additional unforeseen costs (main water line damage, sewer line damage, etc.) that certainly caused us to go way over budget.

I'd recommend to first look at where you'd like to invest it to see if it's feasible or if you need to adjust your buying criteria.If you're not in the market for something new then I'd look into adding an ADU on the lot and upgrading the windows on the main unit to triple pane glass so that the noise doesn't bother your future tenants.

It wasn’t a huge payday—$5,000—but what I gained from the experience was far more valuable than the check.It started when I got a lead from an older woman who owned a house in New Hampshire but lived in Maine.

But don't feel locked into formal education if your main goal is to get into investing, often the best lessons come from doing it.Feel free to reach out if you need any advice on financing your house hack or future investments.