Hey Bob,We're still seeing some good yields in certain parts of town around Atlanta.

There are plenty of growing towns in northern NJ that can work within your price point.

Explore both options with your lenders and see which will benefit you.

If you sell, the gains and depreciation are on you.A 1031 is worth exploring.

It seems like a good PM is also a great resource to get an idea of certain parts of town vs others.

If I have to purchase something out of town I will no doubt hire a manager.Question- after I make my investment would it be a potentially bad or good move to hire a prop manager being that this is my first property?

They have a history in the town that includes loosing their children for undisclosed reasons.

You can find them by doing a Google search for your town's name and "REIA".

My mother owns 9 acres in a small rural town in MS.

@Adam Salentine I'd try your local town agency first, then find local apartment associations and multifamily meetups in the area and ask the local investors.