We outsource tasks like Transaction Coordination, Lead Generation, Prospecting and Marketing. 

Plus Jake's comments above are spot on.I'm also new to BiggerPockets but I'm a 3rd generation investment property owner in Seattle. 

Think in advance as well;  will this affect the future sell ability of the home? 

In the podcast I hear a lot about building relationships with local banks and leveraging those relationships for future financing and creative financing options.

I currently do not have a PM, but contemplate getting one in the future. 

Where you looking through an agent, wholesaler or using any sort of lead generation?

PMI is an additional expense that doesn't benefit you, but only the lender, and it eats up future cash flow.

Birmingham has proven to be a big destination for young professionals with degrees - a group that  starts more businesses at a younger age than previous generations.

We hope to hold between 5 and 10 buildings for the sake of some initial cash flow and allowing them to pay themselves down and provide future income.  

My advice was to someone comfortable in their life path wanting to take advantage of current success to ensure future success while minimizing risk of loss.I wish I was able to take 3% money and turn it into 10-15% ROIs with complete confidence and 100% success.