I have two young kids under 4 and manage 6 doors locally.

Hi @Megan Fitzgerald I would be sure to do your research online and it may be worth checking with a local real estate attorney as well or another local attorney who may be familiar with the your areas laws/regulations.

If my plan were to continue with OOS properties, I'm sure I'd keep searching here or just go through OCF...but I made the decision to stick with my local area and a few overseas locations.It's also important to be realistic about what kind of return you will be getting with a TK investment....Anything in double-digits is unrealistic for any TK, IMO. 4-6% return is more realistic. 

To piggy-back off what @Lane Kawaoka says, maybe you can meet a few fellow passive investors at your local meetup, and get their opinions.

@Mike Parker Ive typically put down my local handyman, as long as they are aware.

As for the 73k, 10k of that is my own money so even if at 73k I should get back 10k at least with a 105k property that is cash flowing a little.Might be worth doing 73k and holding off on the other till I build a bigger nest egg / equity. 

If you are using a local credit union or balance sheet lender they have additional qualification standards but I see you are in Oxnard.

Make sure to network with your local investors at REIA meetings as well as forums.

Attend local real estate meetups, seminars, or networking events in Northampton or in larger nearby markets.

Reach out to your local Section 8 office, they can tell you exactly what "minimums" are required for the program.