@Devin Monroe Hey Devin welcome! My wife and I are new as well. We have 3 properties since Dec 2019. Our properties are out of state so for us a PM has worked out great. You’ve obviously looked at the #’s and figured out $200. To me that’s not bad at all. I don’t know if you married or with kids. But my wife and I have 3 kids, and our goal from the jump was to get $300 in our pockets after everyone was paid off. And we’re 2 out of 3 on that goal. Our last house we closed on we’re getting $250. But you know what, we’re not even trippin on that. We figured “We’re still in the game!” You know what I mean. Yeah we’re always looking for that “Home run”, but if we get a “Double” that’s fine too, cuz we’re still in the game. We’re in this for the long haul. We’re building our portfolio, and we’re having fun. Again yeah we’re $50 off our goal from this last property, but we’re getting $250 more than the guy next to us! These properties are assets too. We know they will appreciate over time. Knowing what I know now, If I were a single guy, I would buy a 4 plex, live in one, and rent the other 3 out. Seems to me you’re on the right track tho. I would love to eventually manage our own properties, but for now this is working for us. And again we’re in this for the long haul. Have fun man.
