House hacking will also give you some personal "property management" experience.

Yes, a lot of personal finance people preach the rent option, but house hacking is almost always superior. 

It is either rented or it's not and when it's not it can quickly become a financial alligator.I would be surprised if a duplex in Lansing was more expensive than a single family house in Maine.As far as managing from a distance without a property manager, I would not advise it personally.

Online auctions such as auction.com or hubzu.com or even in person auctions. 

Business credit & personal savings How did you add value to the deal?

You're the only member and the activity of the property is reported on your personal tax return. 

I also prefer closing in person but it's getting rare.

I own 4 pieces of property but I'm going through a divorce. 2 of them will be sold and I'm attempting to keep 2-- some VERY desirable land and a STR. 

Consider elements together with way of life choices, location and marketplace analysis, property condition and protection desires, property control, and legal and regulatory concerns.

@Olu Efunwoye I personally wouldn't pay for this, $40k for a coach?