I would recommend going to local real estate meet ups, and talking with investors who buy locally and out of state.

Hello, I am looking for a recommendation for a property manager (preferably an individual) who can manage multiple properties in the Cleveland, OH area. 

However, in practice, holding the replacement property for at least one to two years is often recommended.

I spoke with an environmental scientist and she had many recommendations with real estate investing due to climate change effects.

Nieto1- no2- most of Southern California, and east coast major financial / political cities - NYC, Boston, DCThese markets have always been good as they have high incomes and are desirable places to live.

Do more research on the commute time to DC and I95 high traffic sections.

Commissions do seem really high in expensive markets, and they are.

In the long run though your risk is high initially in either case until you come to understand your market, your goals and what you are doing. 

After reading all of the books, I highly recommend you join a coaching program to teach you to syndicate, give you contacts and put you on the right path.

Option 2, sell it at a loss, relieve yourself from the headache and learn from the experience.I would not recommend doubling down and make foundation repair and split the property into 1 units.