With a family and dogs, house hacking might be tricky, so focusing on single-family rentals you’d be comfortable living in is a smart angle.

All-in= 100k + closing costs, lets say all-in is ~$105k ARV:$155-$160k Market rent:$1200-$1300Good or Bad deal.

Having done PM for a long time now, if I were to hire someone out of state if I were to ever invest outside of our markets we manage in, I think you can honestly gauge how good or bad your experience will be with this simple question.Industry averages show across the country that on average a property management company has about 100 units per staff member. 

What sort of investing are you most interested in?  

It comes down to the market you are in.

For example one market I am in I have only three properties with thier own website for the three. 

I just found one that is 73% below the AVG for the area so there is lot of money to be made on this.I didn't have and don't have the $1000 to join the program and now I am glad I don't.What zip code is the deal in?

There is a lot of risk right now in buying condos whether to rent out or to live in.

Have always been passionate about RE but now have the time to jump in.

Market I am in is relative slow and small.