Your realtor should be the first source of guidance.For anyone here to provide you some guidance, you have to be more specific on the ask.There are always many things to consider when planning for different strategies.

Since we will be investing remotely, we plan to work with a property management company to oversee day-to-day operations.Does this sound like a solid strategy for a first investment property?

@Matt McCurdy We have lots of clients that utilize this strategy.

If you are open to value add strategy, small multis have potential for not only traditional forced appreciation but also the ability to see major rent increases.  

BiggerPockets is a fantastic resource.What's your biggest question or fear as you start your REI journey?

Thank you again for the guidance—it’s really helping me build a clearer strategy for reaching my goals! 

Name ONE other strategy that can get you this.

Hey Robert,What exit strategy do you have in mind?  

Turn key rentals seem to be a good way to go, but I'm also trying to learn about other more passive strategies.  

Quote from @Kaushik Sarkar: I’m exploring strategies to scale my real estate portfolio given the current mortgage rate Not sure much makes sense at 11%...Ouch....tough enough at 7.5%   Might have to put more than 20% down to finance....maybe 30% in North Texas.