I know my numbers and comfort level and I am not rushing to buy blind because I think it's the only property like this - it's not.

Personally, I still feel more comfortable with BRRRR becasue there are many uncertainties these days.

I am an out-of-state owner of a property in a D neighborhood in Raleigh.I will not be renewing current tenant's lease and I need a new property manager for the next tenant and I will probably need them to find the next tenant as well.Any recommendations for property managers comfortable w/ D neighborhoods?

Back story:My wife and I have had plans to buy a large farmhouse on acreage, but after finding out that we're expecting our first child, we've decided to stay put in our starter home with $100k equity right next door to an elementary school that we were planning on renting out and cash flowing $400/mo.

It all depends on the client base, property details and your comfort level.

You have a 40 mile radiusor whatever you consider a comfortable distance to manage.3.

There are tons of people looking to get started investing for their future who may be more comfortable in a smaller setting.   

Depends on your comfort level with risk too.  

After you have more experience and have a certain comfort level you can go for off market purchases. 

Then either putting it into a trust or an LLC that the child as added to soon or later?