With your budget, depending on where you are working, I'd consider Silver Spring or Hyattsville  

As far as some other comments about like kind etc, you can sell this SFR and then buy a warehouse, or vacant land or even exchange into a DST there are many other assets that are considered 'like kind'.

While I know this isn't a lot in today's market, I believe there are creative ways to make it work.I’m a former foster child who was declared independent as a teen, so I've been living with close friends that I consider family.

I'm planning to turn it into a rental and was wondering if I should consider hiring a property manager for my first rental.

Which is also one of the 3 fundamental needs of a business most often (customers, product/service, place of operation). 

If the RV is not permanently affixed and retains mobility, it is considered personal property and depreciated over 5 years under the Modified Accelerated Cost Recovery System (MACRS).

For kitchen and bathroom remodels, consider contractors who specialize in those areas as they’re often more efficient.

Not too bad in my opinion considering I pulled that money from my line of credit and didn’t have to tap into any of my current savings.

Right now, I’m considering a few areas:Fredericksburg, VARichmond, VAOxon Hill, MDGermantown, MDFor those of you who have experience investing in any of these spots, what’s the vibe like?

What out of state areas have you considered?