The property is located in Apache Junction, AZ  and is considered a lower income area with rents from $600 to $725.

(like a 20 POH park located near me is selling for $1.2M, sorry still bitter when I talked to the owner if you couldn't tell...)Having said that it will not be large.

I suggest you call a few local lenders in your new location and see if any of them do VA multifamily loans.  

That makes sense in zones where the SFH in a location go for $400k but do you think it would make sense where homes go for $200k in the immediate outskirts?

Call these groups and ask them how many properties they manage and where the properties are located and if they're looking to manage one of your properties.

@Doug W. property is located in Manassas, VA

@Jd MartinInteresting to hear you don't buy your own materials - I can certainly see the upside to that.I prefer to buy my own materials when possible (mostly from Lowes as they are the most conveniently located) as I like the perks of that amount of money being put on my account.

I would look for location obviously and enough square footage so that you don't have to get into permits to expand.

Great question, First let me explain that I manage my own properties (36 properties, with a total of 47 units), all located in the Battle Creek, Mi.

Thursday, September 14, 2017 6:15PM Terraces at Sir Tyler 1826 Sir Tyler Dr Wilmington, NC 28405 Meeting Time & Location