I am trying to figure out: 1) Is this market too hot to go into right now?

Also, i need to replace the hot water heater and buy a window unit or two.

Whenever we purchase a property we must hold it maintain but it's difficult to handle everything together like organization or job, household, particular works alongside managing hire home so for that people employ home manager or property administration company.

Maybe you need to start locking at areas that haven't turned yet instead of the ones that are hot now.

The usual risks are associated with this, I'd say real estate in the area is fairly hot right now, so I could possibly be purchasing at a premium compared to what it might fetch in 3 years if there is a market down turn in the area.

.❏ Population growth (census.gov / bls.gov), Employment growth, Household growth, Household income growth.❏ Good place to live.- Nice kept neighborhood,- Neighbors know each other. - Older "established" neighborhood, 20-30 years old.- majority of houses are lived in by the owners as opposed to being rented out.- Owners have lived for long periods of time.- Has convenient consumer amenities and shopping are good.- Commercial with residential should not be mixed.❏ Feel the area...- by driving around and making sure you like that location.I tried finding those through Realtor.com, Zillow, Trulia, Redfin, etc., but I realized they don’t have all the houses, and all the data I need. 

Manchester is a hot buzzword in the market, but really only in certain pieces.  

I have three kids and I know most of my household expenditures are to support them.The library is another great place to get free knowledge.  

(Lynn currie's meetups share the hot development areas). 

I'd get those figured out.Good luck..I have a unit that the boiler and hot water heater are tied into I give my tenant a concession on rent for electric of $25.00 a month and works out great for both of us...