@James Harris I know that @Matt Bell is doing well in Montgomery from a distance and has a team set up and is a stand-up guy that knows his stuff.  

You are in Stoughton so are within driving distance of House Flipping School MeetupSouth Shore REIABlack Diamond this Tuesday (url on my profile)Justin Silverio's group in Woburnand a bunch more

If I was from a distance, I'd likely be looking at it solely as an apartment just because it's "easier" to value apartments for the normal investor vs an added commercial area in an area where I would then have to not only properly value the apartments and that market but also know the commercial market to properly value it.What's it's highest and best use?

Once you get past that hurdle, the rest is mostly cake.There is absolutely zero chance I would attempt to manage my own properties from that kind of a distance.

@Zach Scheirer - I also have a long distance rental in the Bartonville, IL area which is just outside of Peoria.  

Well, either way you probably need to hire a trustworthy nearby super to be "on call" for toilet clogs and electricity issues, etc. that you just can't manage from a distance, but general "management", I don't think you need to spend the money.

Having a rental I could distance manage, I'd seriously consider an ocean view condo or SFR (probably condo) and rent it out as a vacation property when I'm gone.  

I live in Spokane but willing to travel a reasonable distance.

How far out are you going distance and time-wise in Redfin?  

If you live far away you will be depending more on a PM company for the success of your property.Those smaller type units are best owning locally as far away class A assets that are smaller can work or larger less class that have more units such as 70 or 80 where you can have proper infrastructure from a distance with onsite maintenance and staff.Multifamily in my view is heavily overvalued right now. 4 to 5 years ago it was coming off the bottom.