Try to see the property yourself if you can (was out of state initially).

Our initial thoughts have been to look up in New Hampshire, specifically the Lakes Region or up near Conway.

As a result, this isn’t the kind of market that attracts top-tier PM talent.Your best solution might be to either:1.Take on self-management if possible (and if you’re willing to put in the time/effort).2.Find an individual you can trust to handle these properties, set up very specific instructions and processes, micro-manage them initially to ensure standards are met, and compensate them well to make it worth their while.This approach requires more oversight on your part but can yield better results in markets like this.

Congratulations on taking that big step to getting your first deal.

Sometimes less is more and just taking the step to buy one more might be better than selling your goose that laid the golden egg in the existing successful house.

OpportunitiesAffordability: Compared to many West Coast markets, Albuquerque properties often come at a more affordable price point, making it possible for investors to get started without a massive initial capital.Rental Demand: Due to the presence of UNM and other educational institutions, there's a consistent demand for rental properties, especially those close to campuses.Cultural Appeal: With its rich Native American and Hispanic heritage, Albuquerque offers cultural festivals, markets, and historical sites.

We would like to refinance as soon as possible after the build to recover all or most of our initial investment.

I’ve come across some great eBooks that break down the process and provide step-by-step guidance.Some focus on automation, others on maximizing revenue, and a few on avoiding common pitfalls.

I have a goal of purchasing a small multifamily this year, so I want to start making the steps to make that happen.

This year I am ready to make my first step towards financial independence.