Later on in your investing journey the safety and low management of expensive, appreciating properties will become appealing.

All these years later and not a single reply from anyone who knows about it! 

;)Only thing to note for anyone who might be reading this later is that you might want a CPA/EA specifically since they're allowed to talk to the IRS on your behalf, whereas the others cannot.

Over the summer my wife and I bought our first condo with the idea of renting it out later on down the road and kicking off our investment journey.

My hope is I can gain their trust as a property manager and eventually be the one they turn to to sell later on or refer for business in the future.

Suggested to do that earlier than later, so there is no liability on a tenant who is not on the lease paper.

Under $100k, were talking Old, beat up, it's coming with issues and the vast majority of time there is hidden uglies that come out later. 

Quote from @Bob Avery: I don't recommend leaving a space blank because someone could later attempt to add something in.

Since then, I have been repeatedly told that my funds would be forthcoming, only to later hear that all funds are frozen.

They don’t steal in front of you, they come back later and steal.