My wife and I come from a manufacturing leadership and project management background. 

Practical Tips for Managing PropertiesFinding Good Tenants: Screen thoroughly.

I don't currently have any investment properties, but will likely work with a turn-key property managment in the Memphis/Little Rock area.My goal is to build a good cash-flow portfolio to ease into retirement. 

Having local family gave me a built-in support system, market familiarity, and the confidence to manage a property from a distance if needed.

I have 1000 sqft so $250k.if I have no GC and manage all the subcontractors I will not have a Rolodex so have to find subcontractors and I’m sure there are a million other complexities.

It took quite a good time (~6months) even with a property manager but finally found the renter after rent decrease by 200$.

I have five houses in Memphis area, and the biggest problem has been finding a good property management company. 

I would try and manage it yourself if you have the time and effort. 

My first thing is to start built relationships with realtors and property managers.

I have some clients who prefer to have a PM for maintenance/contact/rent collection/general management and will place tenants and write leases for themselves in exchange for a reduced rate.