Someone didn't hang up the phone and actually IS interested in selling (the first time this has happened so far). the only thing is the home is a mobile home located in a senior community.

However, I’m leaning towards investing closer to home where I can be more hands-on and build a local network.I'll DM you.

If it is well located make it a short term rental.

It is important to continue to do research, connect with experts on BP, and what I have found the most helpful is to go to local real estate meetups.

Sometimes lenders will want a letter of explanation from you explaining how you plan to manage the property if you're not local, but they don't all require a property manager.

Hey Hyeonji,I know you mentioned different locations along the central valley you were exploring for cashflowing investment properties.

Hi @Josh Cutler, to get the ball rolling I would start by connecting with a local agent.

Assess if you have enough time for tasks like tenant screening and maintenance.Expertise: Professional managers know landlord-tenant laws and property maintenance best practices.Cost vs. benefit: Weigh management fees against potential savings and efficiencies professionals might offer.Property location: Distance from your home to the property matters.Number of units: More properties increase management complexity.Stress tolerance: Consider your comfort level with tenant interactions and problem-solving.Long-term goals: Professional management can free you to focus on expanding your real estate portfolio.

You should located a Commercial Broker in your area to pull Comps for you to determine your offer price. 

Check your local rules, but where I have rentals, the tenants need to be out by 1 pm on the last day of the month and you can organize with the new tenant what time they are moving in (eg 11 am).