I live here, and grew up here, as far as finding something that I'd classify as good or nice area, for under 200k, is hard, because if something comes open, and is truly good, its off the market immediatelyRight now, houses are going under contract in days, in nice neighborhoodsBut feel free to send me the address, I can give you an opinion on the area

I don't like their convoluted contracts, but there are a lot of benefits to being a member, including magazine or newsletter, discounted collection and credit checks, classes on discrimination, member-only classifieds, etc.

@Scott MACInsurance wins unless Covid19 get classified as an “act of god”.

It is classified as "Vacant land", but it has income being generated for the owner.

In the past several months we've kept up with our standard collections for the most part as I would imagine the bulk of our tenants have been classified as "essential workers" - think grocery stores, med tech, janitorial, etc. 

If you don’t have the ability to get both I personally classify that as a negative deal.

I’ve gone through Polk Directories and found two people unrelated living at my place in 1943 and an add in the classifieds looking for a renter.

@Kerri Mcilvain Act as if you are the renter and go searching through Craigslist, Zillow, classifieds, etc. to see what the going rent rates are in your area. 

Managing a PM does require experience in being a owner landlord and I believe necessary experience when the number of properties warrants a PM.Personally I have learned that managing a few properties is far easier and more rewarding than managing a PM.Being a investor in income properties may be classified as a passive investment, not really, but being a landlord is defiantly not.

With 4 units you are maximizing what your deposit/loan gets you, if one unit is empty then you still have 3 generating cash, etc.Once you start looking at 5+ units, they are now classified as commercial real estate so financing changes and so does insurance.  30 year fixed with 25-30% down and low fixed rates are no longer an option, you have to get a commercial loan, which from what I have seen means a higher interest rate and shorter term (20 year max I think).