For example one person could manage paperwork and another person could be boots on the ground.

You’ll need to treat it like a business—handling tenant management, accounting, legal compliance, property maintenance, and more.That said, when done correctly, it’s a powerful tool for building wealth!

Capacity and Tolerance. 1) Capacity: how many people can you comfortably fit in the property, is there room to add more, or add more value to the tenants to increase rent.2) Tolerance: How many people are you comfortable living with, if there are vacancies are you able to handle that.House hacking is an amazing path to homeownership, and a nice low barrier to entry into self managing your properties.

You can explore bedroom rental also as opposed to the entire unit with 1 party but that is more complicated for management.

I am a local Property Manager and would love to help in anyway I can of youd likeThank you!

Not a rookie - While I have never purchased a home without an agent, I have purchased two homes in the last fifteen years in Denver and, at some point, managed both with some form of rental income, plus helping my mom manage the independent basement apartment in her home.

Purchase price: $250,000 Cash invested: $14,000 I purchased and managed a rental property in Chicago, focusing on strategic improvements and tenant satisfaction to increase both its value and profitability.

Quote from @Carson Hyland: Even if you buy the right property, failing to manage it well will kill your cash flow. 

Just want to drop the message here, anyone located in Dubai or distanced managing properties there?

Reach out to a LOCAL property manager that knows the rental market BEFORE you go under contract!