Even competent 3rd party management can only mitigate, not necessarily address many of the issues that arise when owning lower tier properties & population growth alone is not a magic pill. 

Purchase price: $28,500 Cash invested: $178,000 Sale price: $250,000 Bought a 3 unit riddled with drugs or prostitutes from the city at the tax auction, spent a year gutting and consolidating all three units in two structures to a single-family home with an exterior side entry garage.

I am looking for a property around $500k, single with a remote work and side hassle.

Even for LTR. 

@Celli Mowery looked at several properties on Zillow in Mt Vernon, not seeing anything attractive.Also, only a single rental!

R5 is a little confusing to me - "intended for low-medium density single-family detached residential development at an urban density of 5 dwelling units per acre".

These areas are experiencing significant development and population growth, driven by families and professionals seeking more affordable housing while staying close to the job hubs in Plano, Frisco, and even parts of North Dallas.

Hello, I'm in the process of purchasing a single-tenant commercial building, and I'm looking for recommendations on property management software.

Quote from @Mitch Seiffert: I have a single-family house in Minneapolis that I've been approached by a couple of parties interested in using it as a group home.

We are fairly new to real estate investing with one single-family, cash-flowing property under our belt in Augusta, GA.