In my experience, it takes quite a bit more money to maintain 2 duplexes than to maintain 1 4 family home.55k SFH: $150/month135k 3-famil: $150/month550k 12 unit complex: $550/monthObviously this isn't perfect, but it's worked nicely for me for years.

Plus, I highly doubt any end buyer will go through a deal with me, a first timer, without escrow.

Once you put in that early work to gain your networks and connections, to establish everything, it hits this auto pilot point where the work is just in maintaining and growing.

These are areas where some of the appreciation we are seeing currently will continue and maintain (it's where the money is)...

Im going to try to keep this simple and short.Basically, im trying to convince my mom to sell her house...here is why.She bought it back in 2001 it was built in 1920 and the previous owners didnt maintain it that well and over the last 17 years she has never had the funds to do that either so this house is falling apart all over the place.

Then, maintain a stable you can pick and choose from as your properties, and their lending criteria, fit.The last thing you want is to be scrambling at the last minute to find money after having an aggressive offer accepted.Good luck, Jonny.

These properties would be good enough to have high income tenants which would in my opinion be a less hassle to manage/ maintain.

As a host it is your job to furnish and decorate the place, respond to messages, flip the place between guests, and maintain the property.

Maintain a high standard on your customer service.

Same thing if Mike were to own an orchard and sold trees that Mike maintained, harvested, sold the product, then distributed to the "buyer" - an investment contract.Also, PL is not "investing with you" (equity).