What’s your game plan for managing the park — hands-on or hiring a property manager?  

We have couple turnkeys, and couple of BRRRs that we did so far (all are single family residential properties with long-term tenants).We are interested in exploring commercial real estate, and wanted to get all of your help in getting started. 

Over that time we have acquired 4 properties, 6 doors. 

We all know that properties kept going up until mid 2022.

After years of self-managing our single-family rentals, we decided to hire a property manager to provide full service management.

Hire a property management company who will manage it for you.

Quote from @Louis Hamilton: The property is worth around 800,000 and has no mortgage on it.

@Thomas FarrellRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Both properties are in A areas with great tenants. 

I found this one on realtor.com by doing a search that only showed me properties with asking prices no higher than $150k