Im considering it as the course includes a coach for 6 months and a complete program.

I host Fund Progress Report Calls and in-person fund progress meetings weekly.

There are certainly some things to learn along the way, but you'll figure it out as you go just like we all do.There are plenty of folks here that would be happy to help for free - including me.

While your lease may indicate that the tenant pays, the biggest problem with this is that tenants will stop reporting issues for fear of paying.

https://www.cpapracticeadvisor.com/2024/12/27/boi-reporting-..."

I was chatting with some of my lending buddies at big banks and they are all backing away from the CRE space including office because operating costs are increasing more quickly than rents.

I looked into the maintenance option years back to discover a trend of:  apx. 8% monthly fee which only included rent collection (everything else from maintenance to turnovers etc, extra, and poor reputation on repairs.)

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

This is not including any financing costs and closing cost which can easily bump that number to 23k. 

2) You MUST screen these people before renting to them, but you can use FurnishedFinders screening tool3) Otherwise, you can put your choice of screening link in your ad or include in a response template in FF.