Better if the company has a lot of info in writing that you can absorb to minimize this.

Old post but I figure I would comment here... my Company, Maven Cost Segregation has done studies on projects like this.

Even the best property management companies (PMC) struggle with:- Finding reliable handyman and contractors (ServiceTechs)- Same with affordable ones- Tracking preventive maintenance- Tracking previous work for potential reoccurrence warranty coverage- Understanding tenant reported problems, so the correct ServiceTech can be dispatched- Determining if tenant is at fault for an issue & should be charged - and will proof stand up in court?

But her company, like so many, has whittled down their actual service to the point that they aren't really doing useful work, just enriching the CEO.

If you are able to actively use the funds I would say start a real estate marketing company with it. 

We can close on $50,000 to $50M (note a company doing multimillion dollar deals is not doing $50k deals)

Next to impossible without a property management company or a ton of experience in rehabs.

I follow Dodd Frank, I use an RMLO, I have a title company close the sale and offer title insurance.

*Prepare for high insurance costs by running a few properties by your STR insurance company before making a purchase.

.- I was scared to drop out of law school In 2021 and go all in on REI, I’m super happy with my decision.Now, whenever I’m scared/nervous, I take that as a sign that I should probably do it, and that it’s room for growth.Yes, sometimes it will be a mistake, but that’s how you learn.4) Value Relationships over everythingGood relationships will bring you more joy and take you farther than being selfish and/or greedy.What principles do you live by?