I like the risk because I understand it and can manage it. 

But this is not where the story ends.After telling my story to the store manager, he asked if I came for a new toilet.

@Nina Liu given the low value of the estate It shouldn't need probate although someone has to address the estate and if you aren't a relative not sure how you go about that and if the court wouldn't eat up all the property value if you do manage the estate.

Hey, we own/manage a handful of rental properties.

Can I form an LLC for a property management company to rent out the property instead of listing my personal name on the lease?

@Alejandro Calixto has used it very well and has picked up nice buildings in easy to manage areas.

Area i'm lacking in is estimating repairs and experience for managing contractors for a value add property when not doing it in person.

Any recommendations for excellent property manager for a rental property in Woodbridge area? 

Situation:We're acquiring properties at a steady rate (2-4 per month) and I'm looking to improve our cash management. 

I have 30k sitting in the bank, 710 credit score, 18% DTI, and the markets I'm looking into now are Hilton Head Island, myrtle Beach, Charleston and Columbia (inland).He also advised that any long distance property manager is going to screw me over and honestly that really took the wind out of my sails hearing that.If anyone has referrals for reliable, productive property managers and realtors in these markets, that would be greatly appreciated!