I have a 10 unit that I got a great deal on that nets about $3k/mo ($300/door), -but I’ve also tripled the value in 4 years by cleaning it up and getting rents up to market! 

SFR are harder to get to cash flow than say a triple or 4 plex.

Sounds like a triple win to me but I guess it’s your decision.If I was you I would like to see where the most people in your age group are living and start investing there.

We recommend the investor do a 1031 exchange for half of the total asset in DST and Triple Net (NNN) lease.

If you can swing an Airbnb in anyway in Somerville you have instantly doubled or tripled your rental income! 

Hard money should be able to cover the repairs as well.I would try to do both- ONLY after triple checking your numbers and making sure the St Pete deal is so good that it will be worth the potential risk and hassle of taking on 2 properties at the same time, in 2 different states, with low capital while working full time.Good luck.

@Aaron Levin with 4.8 have you considered hotels, Triple Net Leases or DST's until you come up with a solid strategy?

So early this year I purchased my first investment property which was a tripled in Las Vegas.

The most important component that will make or break your investment on the 30 units is management so make sure they do a good job and triple check their references.

@Brad Penley, you could sell that property, buy 2-3 condos in along coastal SD, rent them out on AirBnB, double to triple the net cash flow, and continue to enjoy SD’s phenomenal appreciation.I would never shop my money OOS, you live in one of the best appreciation markets in the country.