Since we will be investing remotely, we plan to work with a property management company to oversee day-to-day operations.Does this sound like a solid strategy for a first investment property?

Hey Ryan, welcome to the BP Forums.Three properties in a year is really impressive,congrats!

What vintage property are you looking for?

Hi Gina,After managing hundreds of properties and working with investors for over 20 years, I can definitely appreciate your background and the systems you’ve built—especially having three contractor teams ready to go.

Learned about his children, learned about the 60 units of apartments he owns and how he manages to keep the expenses low.

What if you keep the property the way it is, use it as an equity builder..

Right now, you have a property with a great equity position, solid cash flow, and cheap debt (interest rate is low). 

Quote from @Judah Zuckerman: why don't you try LoopNet or crexi they have all types of property's' They really only have 1 type of property.......overpriced.

And the hardest part of all this is finding sufficient labor to rehab/manage the property. 

As an owner of single family rentals, it's on me to adequately vett out and keep on top of the performance of my property managers.