I felt confident that this guy was dependable and wanted to pour gas on the fire.I increased the number of hours Marilyn was working and ordered another batch of direct mail, all at my sole cost.

The local investors will need to know their local real estate and rental markets and depending on the infrastructure the investor has in place or is willing and able to build, that will dictate how much time and effort they would need to contribute.

Depending on comfort and cash, it might be a viable option as you can build equity and then sell without having capital gains, assuming it's your primary residence and you've lived there for 2 years.

We are definitely dependent on that population and job growth to eventually gain some profit spread.

I am not very familiar. several thousand acre cattle ranch at todays dollars depending on location will be in the multi millions..

It varies a lot and depends on the vintage of the property and your tenant base. 

It all depends on the walls you are hitting.

Depending on how hands on I am.

@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.

There are definitely options for less than $100k, just depends on how much lower - $75k is doable but less than that gets a liiiiiittle tricky (although still doable in some cases).