A bad manager costs you and you should self manage but the value a great property manager brings will far out weigh the cost - interview a lot of them.

Quote from @Homer Wanamaker: @John M Chludzinski Yes, we have multiple portable XRF Guns within our organization to determine lead-paint. 

Cozy was "good enough" for awhile but the lack of a mobile app and multiple tenants having issues setting up payments, etc caused me to look elsewhere.  

Run the comps, calculate repair costs, and plan multiple exit strategies so you maximize every deal—whether that’s wholesaling, flipping, or holding for cash flow.

Sounds like you are happy with the answers but here is something else to consider: NJ is a judicial foreclosure state so timeline to foreclose is multiple months at a minimum and could even be over a year depending on the tools you have.Is your lender a big institution or a smaller private lender?

There was a news reporter at the sale and they interviewed the high bidder, who admitted that they had not seen the property, but were certain that they would be building their family home there. 

I’d love to learn more about how you operate in multiple markets and what strategies you’ve found most effective for managing properties remotely.Looking forward to staying connected!

I bought it, lived in it while rehabbing which I did multiple times and added a few rentals into the mix.

@Drew Sygit wow I was considering the 30 to 40k price range but I'm seeing there may be multiple problems to be weary of from Leins to gas and water lines.

In cities like Cleveland, Columbus, and Cincinnati, you could buy multiple properties for the same $200K-$250K you’d spend on one in a pricier market.