Also, the turnover will be much lower, but maintenance costs might shift too, so it's good to plan for that.Happy to connect if you need more tips!

I plan on using the brrrr method. 

Since we will be investing remotely, we plan to work with a property management company to oversee day-to-day operations.Does this sound like a solid strategy for a first investment property?

I think this calls for another patented day of Mike's Research Plan.

My plan is to maintain the status quo and benefit from annual rent increases and equity gain as the tenants' rent covers the mortgage.

It has a free plan that I think will meet my needs.  

I have from time to time spoken with the city administrator, economic developer, & a person at building planning commission.

Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments.

Like any financing strategy, due diligence and proper financial planning are key to making it a successful solution for both parties. 

Your situation is so difficult, and the best plan is to get financing before we need it.