From there I would strongly encourage you to seek an awesome mentor who has been in property management for awhile.

Thanks Mike - I feel encouraged by this and will look into it!  

@Deep Johal thanks for the encouragement!

I really encourage you to get out there and meet local people.

I encourage you to join us at our coffee meetup in Delray Beach on Aug 11th.

@Jason Wu those encouraging true separation are correct.

However, the posts I read that are the most encouraging are the ones where someone has success with a property and it motivates others. 

I am now looking to get back into real estate investing and your post really is encouraging.

I want to thank this groups for their help, support, and encouragement in making this happen for my investors, family, and myself. 

B-class properties are the safest place to be for cash flow without totally sacrificing appreciation potential and owner-occupant re-sale options.Lastly, if this $140k accounts for all his disposable assets, I would encourage him to not spend his last penny.