well there is only one answer to this Columbus Ohio.. full stop.

Nothing wrong with it in your guidebook as well though for a small page or section!  

If the community is well-managed and there’s good rental demand, a condo could be a solid choice.

I'm a GC as well and did the math, the Heloc would save considerable interest because it would average on 33% of the balance borrowed at any one time (and thats assuming constant deal flow).  

Several Midwest markets could work well with your parameters.

I am completely new to the investing side and would love to find something to meet new people/learn as well as learn more about the city. 

@Richard Bautista your gut is serving you well, saying something feels off here. 

My W2 works me until the night and doesn't pay me well or high enough. 

Operationally, it's easier in multifamily and you'll have cost-saving opportunities as well when it comes to certain expenses.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.