Price points are low when acquiring real estate but that also comes with lower rental market values for your units so it pretty much evens itself out.With that, if you are going to buy in Reading I advise you strongly consider managing your own properties.

For the last 22 years I've been involved in real estate as a house flipper, with extensive experience in building and renovation contracting, owned a residential property management company, and now have a private money lending business (licensed NC re broker).

I am looking to rent out a single property in the next 6 months and wanted to get recommendations on a property management software for small time DIY. 

Any pros and cons for the area and managing remotely? 

You may be managing the property for free, or even paying to do it. 

Our property management company wants to sell 3 apartment blocks for us approximate value 2m maybe slightly more, can we ask them to accept 4% sales commission?

@Elisha Johnston contact RL Property Management about the Columbus market.Contact @James Wise about Cleveland.A good/great PMC will know more about the rental market than the majority of agents!

Is that intelligent financial management?

Once you have lots of money you have to manage the money and keep it growing.

You save up money, buy an investment property in a market you believe in, and hold it for 30+ years while managing it as best you can.