However, If you know the market you want to invest focus on building a Team or, how David Greene calls it, your core four.

Hello Team,I own a 20K SF industrial building in Illinois.

What team have you needed so far?

Most people rely on a team and do not fly out of state.

Thus, I would consider finding a good support team first before buying. 

My hope is to find a built in property manager who I could add the single family management too and growing that person's team.. 

They will continue owning the property and I bring in a team to do the rehab work. 

I have a business in the state of WI where I often travel and also have a team of the local agent, bankers and contractors who specialize in the industrial properties.

You are required to find a good property manager and learn how to manage a team from afar - which in all honesty, does take more work upfront however once you set up your systems it is much more passive in the long run!

Our team also helps rehabbers get great properties to rehab so I might be able to help you with that too!