You will pay for property management or rent collection some other way that probably is less desirable. 

If you desire to walk into someone's office nearby, that's understandable, but most things related to accounting can be accomplished the same way remotely with video call and email correspondence.We use a secure portal for all of our business and sensitive documentation. 

There were many hopeful SFR industry people at IMN in Arizona, desirous of a better pace for acquisitions in 2024.

The accounting side is a lot to be desired.

For example, if you are looking to connect with other members near you, want to learn from people in a specific area you’d like to invest in, or have a desire to find people interested in certain topics, you could use the search feature here: https://www.biggerpockets.com/search/users

I know, I know.. it may not be the most desirable neighborhood in the STL, yet I think for what I intend to do (Buy & Hold) its perfect.

It's impossible to know everything about a market, so any value add information is expressly desired, and I appreciate it!

If we bought another house the mortgage would be low 7% interest and on a 350k-385k home our mortgage would be about 3 thousand (Anything cheaper is a less desirable location or unlivable).

Always had a desire to build houses, no experience-&  after reading comments, realize I’m a dreamer. 

Cosmetic fixer upper, potential to build $100K-$150K equity between 2024 and 2026 (assuming market stays exactly the same with no increase or decrease in market pricing).June 2026: Listing both properties for sale and (if they sell at desired price points) seeing potentially 300K-400K profit (Between both locations) that we would not need to pay capital gains tax on.In any case, my wife and I are looking into this as next investment, but wanted to put on this forum to see what you all think?