I own a couple of investment properties, Short term and long term and have sold a couple.

The house is now worth approximately $315k.Initially, we thought we'd stay here long-term, but we ended up with a larger house than we need.

Seems like this property is not really cash flowing on year 1 or 2 but there is a good potential for appreciation if I buy and hold.

So valuable.Still a few terms in this response I'll need to research to understand them in a more "5th grader" mindset I'm in (vs the legal pro you are!). 

With our investing in lower-priced properties, we're far from being immune to these tax hits but can better absorb them with higher cash flow than most site-built single family homes.

It all will come down to the financials on these deals, and with a larger mortgage, expect less cash flow, so if I were your agent, I'd be focusing on making sure you have an income cushion but giving a broader focus on appreciation.

You have the cash. 

It's fantastic to hear that you're taking the leap into becoming a long-distance landlord.

I'm seeking for someone who has experince in investing in different kinds of rental properties; cash out and refinance; growing a portfolio; someone who who likes to help and is good at listening.

When you run property management numbers - they get 'ugly' real fast.Lets say you buy a long term rental and it rents for $1,200/month, and if you financed it, it costs you $900/month for a fully loaded (Principle, interest, taxes, insurance) mortgage.