Thanks This thread caught my eye as about 2-3 weeks ago as I had an out of state investor reach out to me asking my advice on the same situation.

It might be worth going for the townhome now and keeping an eye out for multi-family deals down the road.

I would keep an eye on things as you transition to Evolve as your manager.

I can usually save a decent amount, especially if I keep eyes out for deals and buy when these items are priced most competitively and not necessarily when I need them.Using the bathroom remodel apartment as an example, I will spend $1,500 more per unit than most of my competitors who renovate in the same market but that $1,500  (5% of my apartment renovation budget) gets me  oversized soaking tub in most units, nicer tiled bathrooms, counter tops that don't look like every other apartment in the neighborhood & a step up in appliance package and better quality fixtures.

It's best to get licensed so you will have a competent broker, a second set of eyes on the transaction who will help keep you out of trouble. 

Just keep an eye on the community of how many rentals come up, how much they charge and how fast they fill.

Always glad to offer a critical eye, especially when it comes to the financials!

If you use the agent finder tool you’ll get me, so save yourself the time there.As far as the municipality, most of my folks are keeping a close eye on Clay, Cicero and North Syracuse.

In the meantime, I'll be keeping an eye on the local market (Hebron, Florence, Burlington, KY) for trends or rate cuts to make cash flow a possibility. 

As the the lines get blurred on who is interpreting the definition of these terms correctly, the desire from the owner to update a property that from the naked eye needs work should be absolutely heard.