What you need is a good property manager who is very familiar with the area, to steer you away from the war zones.

Monthly, I'm seeing a net profit of $1400, and I've managed to save up 6 months' worth of emergency funds.

The HOA finances were badly managed and the homeowners would argue with the HOA board members.

I would definitely hire a management company if I plan to rent the property.Back up plan is to stay there two years, sell the property and avoid paying taxes.Fellow BiggerPockets community, I would love some advice on evaluating whether I should flip the property to reinvest in a bigger home or multifamily unit or rent the property with a management company?

I was originally going to manage the project myself and sub out all of the work.

We manage a few units there and it is really tough tbh. 

… I’m getting too old to manage and fix the place up plus, I’m moving out of town, 16 miles away.

I would have a property management run the day to day with whatever I invest in.

I own five doors and am the managing broker of Uptown Firm, a boutique firm that focuses on real estate investing and development.

My background is in healthcare administration and revenue cycle management  but the past year I have telling myself, I want more from myself which is when I decided to learn and participate in REI.