Also, I would choose a place where you would like to visit because (check with your accountant) trips to check on your properties are probably tax deductible.• State/city/county income taxes.

We have a planned trip during the first week of March - can we ask our tenants to pay rent early?

My wife and I were suckered in on a trip to Las Vegas before we were even married or better yet even engaged! 

Needed maintenance is scheduled on a return trip. 

So after setting aside a chunk for a trip overseas we will have around 20k left for a down payment.

I wouldn't want to try to self manage from 25 minutes away, we make an average of 83 trips per property per year.  

Philly's also a bit of a trip from Denver.

On a recent trip to Lowes, I was informed that the faucets with two handles (one for cold, one for hot) are no longer sold.

You are better off buying an Ipad if you don't have one or getting a cheap trip off groupon.As @Eric Emerson stated there are better properties in the city that can be purchased that will get you around $700-$850 per month.

It saves a lot on little handyman trips the management company would charge.