That's where good people live, and good people make good tenants.But before you put money down on a house, I would find a quality property manager.

@Bri Hall I am A managing partner at a company that facilitates full-scale flipping, lending, development and portfolio acquisition amongst other things.

Management fee, add to your situation. 

We will certainly manage the drawdown from those funds to account for tax consequences as best we can.I appreciate the calls for diversification and I get that cash flow is a tougher to secure with interest rates where they are.

You'll also want to make sure you look into a good property manager since they'll be your biggest help to stabilize and manage the day to day operations of owning property. 

I am from out of state so wanted less maintenance in the short term while I build my portfolio and grow to the point where I am comfortable hiring a manager!   

My top recommendation is to begin by contacting property management companies in each target area.

In Zillow Rental Manager, click on "properties," then click on your listing.

My first thing is to start built relationships with realtors and property managers.

I have managed to get myself into a bit of a complex situation on my first deal and I'm looking for some advice.