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?

Run the comps, calculate repair costs, and plan multiple exit strategies so you maximize every deal—whether that’s wholesaling, flipping, or holding for cash flow.

If I were new and to join something like this  it would be a part of my plan, not all of my plan.This is impressive as I know your not easily impressed..    

If you plan to hold do a Cost segregation if you want cash now.  

I have from time to time spoken with the city administrator, economic developer, & a person at building planning commission.

My plan is to maintain the status quo and benefit from annual rent increases and equity gain as the tenants' rent covers the mortgage.

Time for plan B

What did they say is the plan?

I had a similar strategy with my first few house hacks: buy in great A & B Chicago neighborhoods....get by with minimum cash flow, and wait...What's your plan for the next purchase Michael?

I plan to speak to my broker and it's probably a question for their lawyers, just wanting to check all my options before I choose a route