I have solid property management in place with my portfolio so the time commitment is minimal but it still takes up space in my brain.

Wrong Property Management ApproachIt doesn’t matter how good the people who are doing the property management are, if they are not using a property management approach designed for co-living, everyone loses.  

@Tyler DavisUsing Locations in QuickBooks can get tricky, especially when managing multiple properties.

I am just a beginner wholesaler so I haven't done much marketing/lead management yet.

Contact me PlzPS - Since 2003, Dean & DeWitt Property Management has helped investors buy, sell, and manage investment properties in the St.

It’s a little more work to set up, but if you get a solid property manager, it’s not as scary as it sounds.If I were you, I’d keep digging into the Capitol region, NJ, and CT—compare the numbers, and maybe even start building connections with agents or wholesalers in those areas.

.: @Srikanth Kumarjust curious how you plan to manage a BRRRR from out of state. 

I’m in the process of managing 18 units and have a full-time job.

Because you live on the property, management will be easier.

@John Zhang If your wife qualifies for Real Estate Professional Status (REPS) and materially participates in managing rental properties, there is no limit on the amount of rental losses, including depreciation, that can offset your W-2 income.