I don't think age was a key factor for us, but I'm grateful that we shifted our thinking and strategy while we have time to really benefit from the fruits of cash flow and long term appreciation, but I think attitude and financial savvyiness (sp?)

Local knowledge and know-how is key - obviously!

After closing write a lease transfer or new lease agreement with only change in Landlord name & contactGet all the tenant deposits, extra keys & pro-rated rents at closing.

Doesn't seem like there is much interest from agents or property managers to get on board with another client, am I taking the wrong approach to this? 

Local knowledge is KEY)"Wow, you've got a lot of local knowledge.

It is infectious, and I would bet Dad would soon be on board with your line of thinking. 

Also, I found condos with less than 8 units easier to join the board of the HOA and usually isn’t professionally managed.

And a 75,000 LOC to tap at my disposal(rest of the equity from SFR)Since closing last week: I got 2 keys. 

Hi there - I'm completely new here, but I have a rental property in Indianapolis that I purchased turn-key.

Though I wouldn't discount a single family home that has a good boarding basement or offers a few bedrooms to rent out to friends, AirBNB, etc.