My ultimate goal would be to buy fixer-uppers to turn into long-term rentals.

I'm planning to turn it into a rental and was wondering if I should consider hiring a property manager for my first rental.

It will take two months to turn it around and get it rented.

I started digging deeper (which I probably should have done sooner) and it turns out, they've been on the market since March.

Hope your next steps are much more smooth and you can take those lessons and turn them in to gold. 

Turns out artificial intelligence isn't that intelligent. 

As more top REITS enter the space the investor will be able to build a diversified portfolio of REITS and not worry that any one REIT will turn into a dog.

So - somewhere 2 hours away, or somewhere you like to vacation in, or where all your family lives, or where you plan to move someday.Too many people are trying to do exactly what you're doing - pick a market based on a formula - and they end up buying a random 'cheap' property thousands of miles away, turn it over to people they've never met or even spoken to, and then... lose money.  

if you buy a random property in a neighborhood you've never been to and turn it over to people you don't know you'll just lose money.not trying to be negative, trying to protect you and your hard earned cash.

From the Great Recession to Q1 2022 it was easy to find RE that seemed very likely to produce outstanding return.