Depends on what you have to pay for your money, may not be worth it.

My immediate goal is to acquire our first property and spend the next two years mastering the basics of real estate investment. ( Refining the Go and No property search criteria/ Learning the value of taxes and avoiding them as much as possible/ 1031 exchanges) Depending on my wife’s career orders, we may remain in Baltimore for 1-2 years, but I’m also exploring opportunities in West Texas, Sierra Vista, AZ, and Houston, TX.

Hi @Mike Arias I think it depends on the strategy. 

Providing relocation assistance to tenants, for example, if I want to sell the property or move back in - this can range from one month's rent to thousands of dollars (e.g tenant has a disability, minor children, elderly it will cost you more), depending on the city.

I am also in Cincinnati and I did speak with True Home Ohio (https://truehomeohio.com) and they seemed to be somewhat reasonable except I believe they take a flat fee of $105 per door so depending on how much rent is for that door it could be cheaper or more expensive but their other fees I thought were very reasonable.

Depending on what resources are being used to find the comps they may be ambitious.

Remove caulk depending on condition could take 1/2 hour.

***depending on how far the house is from the coast, you mayalso be required to have a separate Wind or Hurricane deductible.

Cash out refinances are also an option it just depends what debt you have currently and if it makes sense to pull that out.

Your niche depends on location and amenities you offer.