I was hoping for a place there that I can market to certain activities groups (Climbing, Skiing, Hiking), while also having a place for my family to be able to use when visiting for various events. 

@Brady Herbaugh I am in the Fargo market and invest here locally.

The U.S. market is certainly a different market from Australia but can be very lucrative even for us as foreign investors. 

Something like "Agent's can't find off market deals?

Even small, common mistakes like renting below market, picking the wrong tenants, unwilling/unable to enforce lease terms, slow turnovers, or unscrupulous contractors can cost more than a good PM will charge, and that's before you account for your time and the stress.If you have the personality, I recommend self-management for anyone who lives within 1-2 hours of their investments.

I'm looking at a condo in Mesa and would love to talk to someone who is currently renting in that market.

Maybe in a Market where housing is less expensive.

Someone with a large portfolio might have a system that works for them and which they have maximized but which might not translate well to your market, your personality or your approach to investing.

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

After a lot of research it doesn’t seem like single family investing is very lucrative, unless you score a killer off-market deal.