However, our current hard money lender only funds one loan at a time, limiting our ability to take on multiple deals simultaneously.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

@Hector Haro spend some money and get Appfolio.

Your best bet would be to connect with local operators and ask them.

What I love about them is they will even accept the higher lease amounts over the market rents if we can show first month's rent and security deposit.

As an out of state investor, I understand that investing will be much harder as I can keep eyes on the property or even drive by to take a tour.

A 4 plex in MD at $180k...its certainly not in the DC area, and probably not even the Baltimore area at that price.

You can still make money on flips here though. 

It’s crucial to ensure that your cash reserves can cover not only the mortgage but also unexpected expenses during the remodel.The 30% housing rule is a helpful guideline to avoid overextending yourself, and ideally, you should be comfortable with your monthly housing costs even without rental income.

You can even rent out the spare bedroom in your unit.