I am currently in the knowledge acquisition phase of this hopefully long and fruitful journey and will be looking to move on our first deal sometime in the next few months (assuming we find the right deal!). 

Once my marketing and networking start showing fruit in Nashville, I'll set the trigger for San Diego. 

You could make it a laundry area and provide coin operated machines (more income).You might check into Owner Financing depending on how motivated they are and if there is a substantial existing mortgage. 

The units will each have a water heater, kitchen sink, 1 bathroom, and  washing machine. 

We are purchasing a multi with plenty of space to incorporate a coin op laundry machines.

However several of these near me have converted to credit card machines. 

Not that I am “there” yet but 40 units later I am living like most people can’t and starting to really enjoy the fruits of my labor.

Is Property Management not a fruitful career and business in and of itself?

No water, no ice machine, and a 3 year warranty!

They are expensive.On the plus side, they have a huge marketing machine and I feel very comfortable that they will have enough potential renters looking at the property that it will be rented with little to no vacancy.