I will talk to professionals like a CPA about putting any systems in place, I just wanted to reach out here first to see what ideas people had. 

ok so - i'm a newbie and i only have one other post.here's a hypothetical - it may or may not match my situation... i just wanted to start a fun topic and get some ideas generated.say you have 100k cash in your pocket - right now.what is the first thing you would do if you wanted to invest in rental property(ies)?

It exposes you to a wide variety of different types of investing, ideas, and tactics. 

The idea is that they would buy my property via traditional method 25% down conventional financing. 

Don't split the two properties with two companies, sign up with the right company.Find a property management company that thinks like you do @Kit Klekamp One who will carry out your idea of what it is to be 'properly managed'. 

The main idea is to chose a strategy thar resonates best with you and work hard on it until you excel in it!

Does anyone else have any ideas?

I would check cap rates on the most likely tenants, or estimate rent based on average sf for similar sized properties in your area, maybe use loopnet to get an idea.

First off as a local investor with extensive knowledge of the area I have no idea if you’re rent projections are right bc you didn’t say number of bed and baths.

@Stanley Bronstein I don't think he wants to wait he's been kicking around the idea of putting up for sale in the general market for a while now.