Your plan to handle the strategic aspects remotely while a property manager handles onsite issues is smart, and as long as you log your work and stay hands-on, you’ll likely qualify for active status.

Part of that reassurance comes from bringing some experience to the table and a proven track record of investing successfully.

With Amanda Frecks as a partner and a clear plan for strategic improvements, it was the perfect fit for a quick flip and profit.

I was getting ready for a second round and a family emergency came up.

Availability and a whatever-it-takes-whenever mindset is critical too.

We don’t want to find ourselves as a Jack of all trades and a master of none.

So I get this referral from a relative about a tenant who has good credit score, no criminal history, and a good paying job.

How we purchased our property: Combination of Savings, Personal Loan with interest from a family member (4% interest) and a cash loan from Wells at about 8%.

These are professionals with additional training and a stricter code of ethics.

i don't recommend buying a random property in a random midwest state for $118K that looks great but actually needs a new furnace, a new roof and a new sewer line, and will crush you with capex and make you sad.hope that helps.