Be strategic—don’t rush it, but plan for it.4.Understand Property Management's Role in Your Bigger Vision: For me, PM is a spoke in the wheel, not the whole business.

Definitely start with local meet-ups and as you go along you will find people and maybe companies that align with your vision and goals. 

Year 1 is probably a loss though so that is something to consider.

WikipediaLow crime rate: Never invest in any city on this list: The most dangerous cities in America, rankedLow operating costs: Good indicators of a pro-business climate include:Property taxes: State Property Tax Rates - Rocket Mortgage.State average insurance cost: Insurance - ValuePenguinState income taxes: Tax FoundationLow risk of a natural disaster: Natural disasters can devastate your property and the surrounding community, leading to job losses and the closure of shops and businesses.

In total, I won't be able to rent out my unit when I need to and I won't be able to sell unless I take on a heavy loss.

Just keep your eye on the numbers, be patient, and, if the path feels a bit winding at times, remember that most of us have been right there the ones who kept at it ended up with the sweetest returns.Take care, Pat & JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

They are also the same individuals who are constantly involved in conflict, have terrible loss run histories and therefore higher insurance premiums and are paying far more on legal.

Did they only cover this cost once the eviction process was complete and the final loss was assessed? 

Having an or multiple LLCs helps keep the finances separate should you have a loss.

Indicative price around $1.1M, which would be a loss, with tax around 2% potentially 20k/year.