Hi David,(1) I don't have much to invest ($280-$350k) and would want to diversify across different properties anyway (some DSTs are diversified, and I can probably pick up three different DSTs with my proceeds);(2) no direct participation in managing properties (tired of it);(3) illiquidity is not an issue (looking for a 7-10 or longer horizon, will need some cash 8-20 years down the road to fund the kids' college);(4) prefer paper investments in general, would be able to hedge declines in the real estate market with financial instruments (have a Ph.D. in finance and a CFA designation, but a newbie to RE exchanges).

Been managing this property myself for past 7 years.

I’ve managed to buy 7 buildings with 25 units.

Despite my concerns, I was convinced to proceed with the promise of a more manageable payment plan and reassurances of quick success in the real estate market.

There are conflicts of interest with the buying agent wanting to close, the selling agent wanting to close, the property manager wanting new business etc.

Using a 3rd party out of town manager when you live next door. . ..

@Eli JoffeTo make smart choices for your first rental in Cincinnati, look at key numbers: buy price, fix-up costs, closing costs, monthly rent, mortgage, management fees, vacancy rate, and upkeep costs.

Do you prefer managing your properties or hiring a manager? 

I don't really need property management software as I have a PM.

IDKCurrently considering opening a FB business account and posting my rentals as a sponsored listing with an FB allowed link to my property manager's application webpage.