Also, because I am new to real estate investing, how would you suggest I provide the "mentoring" help to others who are keen to finding deals for me?

I already saw several properties in North Western part (Keene, Hinsdale, Claremont) where the numbers seems like could work but the other thing is I have to find a place to live myself now and can't live in those areas yet both because of work and lifestyle wise (I need to fly couple times a month could be more down the road for work unless I work from home).

I live in the Keene area, which is southern NH close to the Vermont border.

Cash flowing $700 monthly Your comfortable with property and is keenly aware of property and tenant issues.Now before i go into the Cons about this property, I want to interject a thought.Let's say you did not have this current property but you had 160 cash to invest in property.  

Also, there was a child residing in one of the units and they're more keen on peeling paint.  

@Lauren Keen, I'm a wholesaler for the Savannah Area all the way up to Augusta GA areas.

Additionally, he has a keen eye for real estate and the work required to fix a property.He is aware of the buy and hold strategy (which I currently employ); however, he is skeptical about the prospect of Real Estate becoming a full time job that can support his life style (approx. $150k post-tax income /yr would be his requirement).

im keen on POMPANO beach!

Also you mentioned Schools  well most folks have moved that are keen on Schools  as Schools have already started up.Its just like having your lease expire in Nov..

This is why I'm not so keen on selling just yet.