We are starting to explore options for buying his shares to eliminate him as a risk and a roadblock but still have funds leftover for growth.

Since you’re still figuring out where to invest, look for areas with strong rental demand, good schools, low crime, and potential for future growth.

But luckily MA/NE is so small you can invest in a different state and still be driving distance.

(your 55 days of vacancy was for the most part the holiday period).Vacancies are pretty high and based on BLS statistics, population growth has been flat. 

Many markets across the country are experiencing impressive growth and stability.

The top areas in value growth are West Town, Logan Square, and Irving Park.

The Banderas Bay area (from PV to Punta Mita) has lots of potential with the economic growth and the tourism industry expanding north towards San Blas with over 30% appreciation in the past 3 years.

Sherman does seem interesting though because of the lower cost and growth potential.  

I try to be in the luxury market and also try to steer away from young kids (my only real damage has ever occurred from them, or should I say parents that don't watch their kids, and they drive the people crazy in my community pool, again, because people don't seem to care to ensure their kids don't disrupt others).  

for folks in So cal  I think Vegas is a great choice   1. you can drive there   keep in mind flying to other parts of the country to check on property is going to eat up 1 months rent if you go annually.2.