I was also planning to work for a property managing firm to learn the ropes of the state and local codes while continuing to invest.

Somehow they manage to live with it.

That's where good people live, and good people make good tenants.But before you put money down on a house, I would find a quality property manager.

Then you can self-manage and learn all about tenants, contractors, etc. 

@Joe Frank I’m a huge fan of Turbo Tenant to market properties, manage leads, screen tenants and lease up.

I have quite a few clients from upstate NY who have properties under my management in Florida.Just a thought ;)

I am from out of state so wanted less maintenance in the short term while I build my portfolio and grow to the point where I am comfortable hiring a manager!   

My wife and I started managing more properties for others as word of mouth recommendations started and we started to use the management and arbitrage cash flow to acquire our own properties and fund the BRRRs we were working on.  

However, some of the best cash-flowing markets on paper can also come with the biggest management challenges.

Strategy 1) Buy tenanted properties through a reliable turnkey provider/property manager.