We have a 320g tank that is leased from the propane company (like $15 a year).

It goes to your preference, of course, but whichever can produce the greatest ROI should be considered.There are many markets in Michigan, for example, where it is cheaper to buy an existing house and fix it up than it is to build new.That may not be the case where you are at or through the construction suppliers and contractors you may have access to.To Your Success!

I own a PM company in Hampton Roads and checked out your website.

The real estate agents recommended I look into Nomad (real estate tech) company for property management and finding tenants for the property.   

First, and most preferable is WITH lender consent.  

However, if you're okay with some cash flow but AMAZING appreciation potential and the best macroeconomics, I would look into the Columbus Ohio market as this is where all of the population growth, job growth, and companies moving/developing here (for example Intel, Google, Amazon, FB, LG, Honda, Nationwide, Anduril, etc).

Pay a Title Company to complete a Title Report3.

I prefer to have the least amount of banks as possible.Create a bank account that you already have a relationship with(Credit card or mortgage)The least amount of bank accounts is also ideal.

My personal preference for a buy and hold would be an already established area (or an area that's still gentrifying, but has already seen significant progress). 

A team of lenders, title companies, contractors and RE attorneys, and significant knowledge of the intricacies of real estate transactions, you will be MORE than prepared to dive feet first into your first deals and will do so with CONFIDENCE.