I agree with most—if you're local and familiar with the property's history, self-managing could be a great option!

For investors looking to maximize returns while managing risk, here’s why this type of deal stands out compared to Treasuries.Treasuries: Safety with Limited UpsideTreasuries are an attractive option for those seeking safety, especially short-term bonds with maturities of one year or less.

While the right program can provide a strong ROI, it’s crucial to evaluate whether the cost fits within your budget and aligns with your current investment goals.2.

I think having a balanced budget would be ideal where you allocate money into buying another property and money set aside for renovations.

When I asked my agent about options to back out, he didn’t really offer any advice.

Your home needs to be in good shape (sounds like it is) and very competitively priced in order to have the few looking choose it instead of another option. 

Quote from @Blake Winiecki: Figure out how much you want/need to earn, then reverse engineer it to see what options are available. 

In 2008 a friend of mine spend $300,000 to buy 100 houses in Detroit.  

Here's a good breakdown of your options for tax collecting starting Feb 1 based on the new regulations.

or options 3, 4 and 5 don't supply washer and dryers and either the tenant provides their own, rent appliances or goes to community laundramat.