Funny how tenants want you to spend time and money making upgrades and they reward you by not taking care of the property.  

Make sure you listen to your accountant on this next step; it can be a rewarding one.

All business expenses go on AMEX Business or Chase Business accounts for the points; a nice little reward for everyone at the end of the year.

Does anyone have any tips for specific suburbs to look at that offer a good risk vs. reward mix? 

Their perspectives have been invaluable in highlighting the nuanced balance between the challenges and rewards this venture entails.Self-managing, especially given the property's distance, presents unique challenges, primarily revolving around the commitment required for regular maintenance and promptly addressing tenant needs. a property management firm I'm considering offers a fee of 9.9% or an intriguing maintenance-only service at $95 per month.

Another reason I would sale is based on our “current” risk reward level.  

Real estate can be a rewarding venture, and it's fantastic that you're looking to expand your knowledge in this area.

In order for the agent to receive a portion of the premium, (s)he must do work commensurate with the reward (see Section 8 of RESPA). 

This is the most capital intensive(going the fast food and especially whataburger) route but maybe the most rewarding if you want to buy time. 

Real estate offers various investment strategies, each with its own risks and rewards.