What price range would you target on the next purchase? 

Before I began investing with them, I had a business-owner relative in the DFW area provide feedback on the target area and visit the target complex, and only proceeded after they gave the thumbs up. 

I ask because it is much easier to evict entities, but this is a SFH leased to an entity so it may be different. 

Our target purchase is a single unit in a townhome complex.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

We invested $15,000 in targeted renovations, enhancing both the property's interior and exterior.

It does get easier over time with knowledge and application, and once you have multiple properties, you can start to use leverage to buy others. 

I think property managers are like other service providers (real estate agents, contractors, etc) in that it is much easier to find a bad one versus a good one.

Define your target investors: alternative investors, passive income seekers, or industry enthusiasts.

For some reason I only see 5 or 7-year target sell, perhaps there is a reason no syndication want to buy & hold forever?