and would ideally like to set my sights higher so that within 10 years my husband can leave his teaching job and work with me in managing our properties.

It may be working for another developer would have the most value, or a GC, Project Manager, etc.

Would you lend your own money to someone that is planning to buy an investment property, but has no experience managing one?

Build a Strong Team:Surround yourself with a reliable team, including a real estate agent, contractor, property manager, and accountant.

I have been working with investors, wholesalers and realtors for the past 3 years providing different services for them like list generation, cold calling, lead management and closing.

I'm pretty active in the NYC boroughs as a broker, investor, & property manager - happy to give you my $0.02 if you're still looking thanks. 

might want to specify either way.just out of curiosity, you mention it is owner managed in your first sentence.

Two years ago, it was higher and sellers wanted money hard day 1 in a lot of markets.I would ask brokers and property management companies and attorneys in the marketGood Luck!

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

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.