I’m based out of Lehi, Utah, and have always been fascinated by the potential of real estate to create opportunities and build wealth.After spending time learning about the industry and what it takes to succeed, I’m ready to dive in and start making deals happen!

If you know you are going to 30+ properties quickly I would choose the PMS based on that rather than where you are now.

I hear it happens based on the insurance policy change when it does happen.  

. - PM provides a cash based accounting report every month, for every unit under management, that clearly labels all rent, all expenses, including management fees, and the net directly ties to the amount of money deposited into my bank account.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000. 

The cash on cash return is only meaningful when you evaluate it based on your long term plans.

I did work for a commercial real estate investor prior to jumping into syndication, so that gave me a strong knowledge base to start with.

Without a firm base and working familiarity with these three areas the investor will not have the knowledge to analyze, negotiate and close advantageous real estate transactions. 2- Experience - the first few deals are likely to be smaller, harder, with more “surprises” and not as profitable as the investor imagined.

As others said out of state can be more challenging based on location but local or out of state both can be done. 

You take that best guide as a base and put your own spin on it but make sure you don't copy proprietary content or do plagiarism.

This will vary based on region but in general 2 – 5 points, 9% - 16% APR (meaning this is the annual rate so divide it by 12 to get the monthly interest amount), and documents fees can be from $600 – $1,900.