Looking at southern Maine right now, hopefully expanding after we get some momentum.

You just need the right funding to make it happen.

Getting the right tenant in your home is key.  3. 

As Josh mentioned, it's important to find your right fit, I wouldn't focus solely on price especially if you're looking to be very hands off and you're looking for quality. 

Podcasts on the way to and from work, and read a book right before bed, maybe even squeeze a few minutes into browsing some specific topics in the forums.

And your net worth will thank you.If you still want to go ahead, you'd be better off buying a house than an apartment because, while the value of the building itself will go to 0, you'll still have the value of the land, bearing in mind that the land might actually lose value too given the depopulation and the yen depreciation.Sorry if I'm pooping a party but make sure you understand what you're getting into (which you're already doing by asking the forum) and then make the decision that's right for you according to your objectives.

Monthly Rent Roll is right at $11,000.00.

Now I can see some builders having an issue with comps.. but other than that its crazy to take these funds as income and then pay tax and plow it right back in.. 

You came to the right place to learn more about real estate and connect with other motivated investors.

The only reason I left Cozy is because when it switched to Apartments.com they dropped all commercial rentals.