Hire a PM before you find you have a non-paying tenant living in your home for 6 months while you beg him to leave while paying his utilities/repairs and probably a relocation fee  I hope you sell, but good luck either way  

Term 12 months or less.

On Market deal that was sitting for a month.

Quote from @Renaldo Zora: Quote from @Travis Biziorek: Detroit has to be at the top of this list.I have 14-doors there (from California) and we're doing lots of deals, all-in, for $75k-$90k.12-months ago that range was $60k-$80k so I'm not sure how much longer we're going to be under the $100k mark but there's still a lot of opportunity.I just finished up a duplex in Detroit.

It should only take you about a month or two to contact everyone on your list and then the tough part – you start all over again.Why the repetition?

They’ve made 7 years of ACH deposits on the 1st of the month, regardless of day, for zero charge by their bank or WF.  

That would be about 180/month coming back to the gap funder until the 17k is paid back at the exit - either sale or refi. 

I like to think of each month a few hundreds from each property goes into a little piggyback called my equity.

I have 8 units from '23 and spent the first 6 months looking, buying, deploying 16 more units. 

If you go this route, you'll want to make sure you budget for furnishings.Some folks are venturing down to Pueblo if they want to go the LTR route, but in that case, you may not want to self-manage given the distance.Finally, while it's understandable that you don't want to be losing money every month, don't lose sight of the long term gains from appreciation.