Do keep an eye on your PM, though. 

Unless you plan to never deal with tenants (PM skills are very valuable) it will be an eye opener for you.

I'm eager to establish connections with fellow multi-family investors, developers, and industry enthusiasts, with an eye toward potential collaborations and expanding our network.

Happy tenants, kept the house in good shape and didn't ***** or bat an eye when we had their next rent increase.

Tell them you will give them  $10-$20 discount per month if they helps you keep an eye on it and you will give them a $100 gift card 12 months from now if no more fines.  

At least upgrade to a spreadsheet and start tracking things the way your CPA wants.With five properties, I would consider moving to a CPA firm with staff and more than one set of eyes on your books.

Or, a place where lots of new houses are being built might give you an indication that its an opportunity zone or in high demand.Smart Steps to TakeLook Back in Time: Use Google Maps to flip through images from different years to see how things have changed on and around the property.Spot the Signs: Keep an eye out for things like construction activity, nearby abandoned areas, traffic velocity to understand how things have developed over time.Predict the Future: Knowing what’s happened before can help you guess what might happen next.

Check out the Strategic Neighborhood Fund.The city is also currently getting ready for the NFL draft which will bring more eyes on Detroit.

If you are starting out investing in real estate, you will have a lot less chance of failing by keeping your eyes on your investment.

I would recommend looking into a property management company if you are going to invest out of state, simply due to the fact that property management can be your eyes and ears on the property and would have local experience that you could benefit from.