ManageCasa is affordable and is very strong on the accounting side, you can automate everything and it's cloud-based.

I would strongly encourage you not to buy solely based on cap rates.

I really only purchase rentals that will cover themselves as well as cash flow which helps when the market changes and would strongly recommend doing the same. 

I know it's good for liability, if enough privacy trusts and incorporate out of Nevada!

While I respect the opinions above, I think it is important to also point out that the advice provided is one persons opinion and advice, as strong as it is presented, it may or may not be best for YOU.

AZ is the most affordable of those two, as there are strong markets like the Phoenix area that have a wider price range.

Galvanized welded 2 mesh 16 gauge will keep out possums and raccoons, a 8 gauge will keep out mice and rats but not strong enough for racoons.

Also if you are considering opening up your commute to being within 2 hours of NYC there are many options out there for you not only in terms of great cashflow, but you can also purchase a property with multiple houses on the lot in more rural areas that will give you the cashflow asset you desire and some of the privacy and features of a single family home that it sounds like you both want.

I have seen strong cash flows from newly built townhomes or existing single-family homes.This strategy may grow the portfolio value more slowly but single-family REITS have far outperformed multi-family REITS recently and large institutions are putting big money into the SFH game.

Hello to all,For a little background, I am an 18 year old college student from the Dayton, Ohio area and I am strongly considering going back to my hometown, enrolling in community college, and pursuing my real estate goals.