I can have my management company pick it up, but they’ll charge about $90/hour plus add 10% to the purchase price.We live several states away, so doing it ourselves is not an option.

I got qualified for about $650,000 so I am trying to evaluate all my options.

Now before anyone suggests meeting with a realtor, getting an appraisal or looking at comps of recent sales to get a more accurate figure, I'm fully aware of those options. 

As for SW markets, ABQ is the "affordable" option as SoCal, AZ, and CO have become over valued making it difficult to find decent deals. 

I just feel I don't have a lot of options so I'm really conflicted on what to do.  

Try to narrow down your options to the top 3-4.

This devaluation of currency has pushed many potential first-time homebuyers out of the market, leaving renting as their primary option.

Something to keep in mind when you are looking for stabilized loan options for the long term. 

There is a drop down with lots of options and if you select "no central heat/air" you can't get insurance from most companies.

That said, I'd recommend focusing on locations with high sales volume as you will have more options to choose from in these locations.So far this year, 240 multifamily properties (2-4 units) have sold in the Bronx - Source OneKeyMLSThe neighborhoods with the most sold properties are:- Wakefield and surrounding North Bronx neighborhoods (31 sold in '24)- Throggs Neck and surrounding Southeast Bronx neighborhoods (31 sold in '24)- Pelham Gardens (30 sold in '24)- Pelham Bay (28 sold in '24)These areas account for 50% of the recent Bronx multifamily sales... focus here to have more options!