I do have some investment experience and I'm currently managing 1 property, all the numbers are great and there's a good amount of cash flow and long term growth so I'm not a total green horn. 

Unemployment was high but I had savings and managed to find work.

I am based in Virginia and licensing requirements here seem manageable.

Here you are basically hitting it without needing to manage a property in another location.

I've learned a ton about syndications, partnerships, funding for construction, the development process and so much more about managing consultants than I will ever care to admit. 

Great place to meet other investors, agents, property managers, and contractors.

@Melissa Sejour a good property manager will give you a lot of information that you care about.

Anthony Klemm, cost is just one component.  

On the other hand, Tucson’s landlord-friendly environment could make property management easier, especially with your familiarity with the area.

:)Just kidding.1) Stock market: may want to do this while exploring other options, just make sure funds are easily accessible2) Buy Multi-unit: two basic options:- Buy turnkey: may not cashflow for 3-5 years, depending on your management skills.- Buy someone else's problem: can you fix their problems?