My suggestion would be to manage it yourself for 1-2 years, then as you acquire more rental properties, you can start using a PM. 

I know that in the future we will have some sort of market downturns and you could lose all that you acquired with properties that target low paid workers.Behavioral issues are a significant concern.

I have helped several investors recently acquire single family homes around the $400K price point that rent in the $2,200-$2,350 range.

A newer investor should focus on acquiring property's with high leverage so that they can reap the rewards of appreciation and equity.

Our only notable closing cost on the sale was an attorney fee of about $5k.Long story short, if you’re a real estate investor interested in another asset class, perhaps consider acquiring a small business like a laundromat.

It means that you, as the purchaser, cannot close on the purchase of the property until (subject to the terms of the contract) the seller identifies a new asset to acquire with the proceeds of the sale. 

HI Guenevere, You can acquire your a primary residence from up to 1-4 units for as low as 5% with conventional or 3.5% FHA with a few exceptions.

I won an auction from the county with a tax deed for a property that owed taxes in Texas, the owners are deceased from Illinois. The property is worth $8000 only. What can I do to  clear the title? And how much can I ...

I was looking into acquiring rent ready properties at 70% at its market value.

Getting started, acquiring more, 1031, or unloading?