More units usually is better, but costs more.

For that reason (& other reasons like no one was meeting even online), I started Real Estate Rocks. 

With only that information, I see no reason not to.

If you ever want to get into a tenant nightmare of costly potential litigation become a landlord, have the ac go out in Phoenix in July, and inform the tenant that you just don’t have the funds to replace it!.    

I prefer markets that experience mild winters to eliminate the added costs brutal winters can bring. 

Again I cannot collect rent to justify this cost/effort.  

Can she pay you that same amount to cover some of the costs? 

You're not in the position to be a cash buyer...as a former wealth manager, it's simply not a good play for you for many of the reasons stated above and more.  

Markets like Texas (San Antonio or Dallas) or North Carolina (Charlotte) could offer better cash flow with lower costs.

Obviously it will cost money, get some quotes.