If you want some input on what to do after identifying your market, feel free to reach out – I’ve been coaching new investors for a while and am happy to help you however I can.

It is certainly beneficial to have someone local that you can call on for these emergency issues but don't see it necessary to have a full time PM in my opinion.

You’ll have 45 days from your sale to identify them and you’ll have to buy enough of them, and only them, within 180 days of your sale to meet your 1.1M requirement, or face taxes.

We've got an LLC set up and identified our PMS and the tools we're going to be using.  

His God complex and giant ego won't allow him to reflect on the damage he's done  keep in mind if the SEC detects a serious issue and one that could harm investors right now they have the power to take emergency action and shut them down.

Just like investing in any city though there are a couple areas to stay away from, but they are not hard to identify and they are not large. 

If you identify a problem, ask the seller if it was pre-existing or caused by the current tenant.

How have you identified quality contractors and kept them on pace?

Thanks in advance, IrisHi Iris,I ended up transferring ownership to the LLC and didn't have any issues.

Are there any creative ways you’d recommend for me to identify and approach motivated sellers or uncover foreclosures?