@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.

I am considering this property. 

Are you thinking about managing versus a property manager or are you also thinking of selling as well?

What other methods should I use to acquire another property? 

These historical trends suggest that lowering the tax burden can free up capital for reinvestment and fuel a fresh wave of property acquisitions and development projects.But there’s more to the story than just tax cuts.

When you remodel/rehab a property look at the surrounding market and see what is "expected" for properties of that type that have been remodeled. 3.

Creative strategies like lease options allow investors to control properties without owning them upfront.

The properties are trashed, and not worth much. 

For example if one partner added a long-term rental in one party completed a rehab and flip, please properties we need to be filed.

You are much better off talking about this as a "portfolio" of two properties that you have already identified.