We never hired a manager because it simply would have taken too much out of our profits.

We own several properties and now manage 18, with a few more coming online soon. 

Explore remote investing options like turnkey properties or out-of-state rentals with property managers, and use summers or gap years to network, analyze deals, and gain hands-on experience.

That means learning how to vet a manager.

Good to see a fresh face around.. how much research have you done on property management?

@Tayvion Payton I have managed many properties in neighborhoods like this.

I don't know how much you will be paying a property manager but add that in.

If you are trying to raise a few hundred thousand to buy another 4-6 unit property, while I would not invest in someone with less than a year experience, I am guessing some of your pilot friends, other friends, or family members may be willing to chip in.Now, if you want to jump from a triplex to 80 units, raising 4-5mm of equity and another 4-5mm in debt, than I would just manage your expectations. 

That strategy actually makes your lead management team much more efficient because it outsources the mind-numbing tasks to the robots and lets the humans focus on what humans do best. 

I would like to speak with local investors, real estate agents, property managers, lenders, etc. from the area.