Never late and hardly ever had any maintenance issues (that were her fault) and she left virtually no damage to the house after leaving (except for normal ware and tear on walls, etc).

Equity from improving and refinancing the 4-plex will also likely be greater, enabling me to get into another property much more quickly after this one.

I don't count reserves for vacancy, cap ex, or routine repairs as part of my cashflow because they go into separate subaccounts (virtual) from my cash flow that I can use for purchasing other properties or to pay down debt. 

Depending upon your income and other debt obligations, this could potentially amplify your savings (30K) into a total purchase of $300K - $600K.In much of Canada, this would enable you to purchase a small multi-family property (2-4 units), provided you planned to live in one of the units.  

A lot of independent real estate investors will use a virtual receptionist or virtual office when they start getting a lot of return calls.

We both work full time in the IT industry; he is a VP of Operations for a small managed services firm and I work as a Business Analyst in the Business Intelligence industry for a small virtual company out of New York.

I have no problem moving to a new location but I don't know what a good location looks like currently.You can virtually do real estate anywhere, its just a matter of knowing whats going on in that particular place.

Virtual Assistant isthe closest I could find.)

My other (IT related) business use to rent office space (from our Real Estate company), but now we simply rack space in a datacenter and the office is virtual.

Most weeks and months, it's virtually nothing, but it is time consuming when issues arise, and tenants turn over.