A reliable property manager and CPA are worth their weight in gold, especially when you’re managing remotely.If you’d like to chat more about what’s worked for my clients or have questions about specific markets, I’m always happy to share insights.

However, ensure you understand the local tax structure and any potential future changes.Economic Dependence: While Albuquerque has a diversified economy, it's worth noting that government and military jobs play a significant role.

Although whichever option you go with make sure you're also thinking about the long-term property value and what makes the most sense vs trying different angles now that negatively impact future resale/property values down the line. 

Quote from @Anderson Banegas Cerrato: Tim, this is gold!

At that time, my friend encouraged me to get into real estate with the idea of creating passive income and wealth in future (via appreciation).

Income Levels: Will your AGI decrease in future years below the $150,000 threshold?

I'm very bullish on its future for real estate.

I may look at out-of-state investing in the future, but I think good deals can be found locally (which I think you acknowledged). 

At some point in the future, the economy will have another crisis. 

I will be sure to increase my rice in the future!