Does anybody have any experience with either?

(which I like) so I would like someone with local experience rather than be the farthest flung property for a city-focused PM (if they'd even do it) and potentially become neglected or incur higher costs because of distance and/or unfamiliarity.A little help?

It was a good experience.....until today.  

Because of my professional experience, we'd prefer that our properties be nearby so we can self-manage and save the 5-8% typical of property management fees, at least until our portfolio grows.

Probably need more information, especially regarding type of real estate investment because its going to definitely differ dramatically, some thoughts:-If its for a rehab "Fix and flip" - definitely more about value, experience, timeline-You are mentioning more about rental property metrics - if so, is this SFR or small residential or commercial? 

I just started buying tax liens in AZ so I can't speak from experience, just research.

While my cash flow isn't amazing today, I'm investing in areas I think will experience appreciation and rent growth, and if rates do ever come down I'll refinance and be doing great. 

I can barely get firms to look at columbus with 10x years of experience thats mostly for ground up. the average house cost is still less than 100k which means you have a lot of houses to tear down still to create a housing shortage. the economics don't make it favorable for any type of investing but turn key or maybe ground up in the urban core which works in any city. but compare any of these cities, I'll take Indianapolis, Chicago, Minneapolis, and columbus and Milwaukee and pass on the rest. 

If you have experience with wholesaling, please let me know what I'm missing and need to add.

If you have an entity with an EIN, and that entity either owns the property (named on title) or constructively owns the rental, then use that.Otherwise, then SSN.Ultimately this has very little effect on the tax return, liability, etc.