For my area, looking to stay under $180k but could adjust slightly.

I'm looking at small multifamiles and won't have an issue with capital thankfully.I am in Arkansas and looking to stay local-ish initially.

I have a bachelors in Construction Managements and run substation electrical jobs for a living while my wife is a stay at home mom with the kids.

If you stayed with your parents for $0, then you have say, negative cash flow of $1,750. 

Regular maintenance updates from your property manager—such as quarterly reports outlining requests, costs, and resolutions—can also help you stay informed and track spending trends over time.Building relationships with local contractors or networking with other investors in Cleveland can also be valuable.

If I wasnt going to be doing this I would just be saving more money and staying for free with my parents.

I'd love to stay in touch and keep track of how you're doing as well!

Would appreciate honest feedback for the best way to get and stay organized!

I don't think being a long distance landlord is as easy as some tout but full disclosure I've stayed with 80 miles of my primary residences. 

After that, it goes up to 5.875 and stays there!