See below for the numbers:Home Market Value: ~525kLoan Balance: ~476kEquity: ~50kMortgage Payment: $2570Rent Price: $2650Property Manager: 10% (potentially 7% w/military discount from a referral I got)Cashflow: $-185/month, $-2,220/yr1st year Equity Payoff from tenant: $11,561It's a 4 bed, 3.5 bath home built in 2011 that only requires some new paint to be rent ready.

With this acquisition, we will offload property management to a professional.

Conduct detailed due diligence, manage costs effectively, and be ready for potential challenges posed by high-interest rates and market volatility.

(an actual trust account seems to be overkill, but maybe that's the case)- The phrase relating to location of the account - what does this actually implicate? 

Hi, Not related to investing, but my own home. 

Any advice from self-managing investors who handle small multi-family will be appreciated!

When conducting research on Tucson as an investor from out of state, pay attention to certain industries that are driving job development, local market statistics, property managers' insights, and online investment forums to obtain a deeper understanding than just surface-level facts.

It seems like it is growing, especially north of Dallas and has relatively reasonable prices for new homes (sfr).

Most of them amortize and have a specific term that is relatively short (3-5 years).

do some odd jobs--plenty of contractors are looking for help...start a lawn care business (extremely popular right now), work for a company that's involved with real estate such as a property manager, title company or hard money company (F-Street is often hiring) or a real estate investment company?