•Offer free rental evaluations or investment property consultations to attract investor clients who may need your services long-term.Final ThoughtsIf you structure your marketing the right way, combining your PM and real estate services under one brand can be a strength, not a weakness.

I also allowed the fear of others to take me away from my long term goals.

Given California's hostility towards landlords, you would also need enough cash to weather some long evictions.  

It doesn't take long to learn how to spot a good deal.6.

Then sat still except for a subdivision development which has a long lead time.Just bringing on line as a 75 acre country subdivision.  

We did have one, but took it down for iOS and have long-term plans to resurrect it.

Quote from @Colby Burns: Long time reader and first time poster.

Quote from @Lutfiya Mosley: Quote from @Mike Reynolds: @Tyler Deveraux I dont know the whole story, but coming on here and explaining your side goes a long way towards your credibility. 

Hold for Long-Term IncomeBuffett has held AMEX for nearly 60 yearsHeld Coca-Cola for 35+ yearsSimilar to buy-and-hold real estate strategiesFocus on Cash Flow GrowthBoth AMEX and Coke have consistently increased dividendsJust like raising rents over time in quality propertiesLook for MoatsAMEX: Strong brand and network effectsCoca-Cola: Unbeatable brand powerLike owning property in irreplaceable locations💡 The Real Estate AdvantageWhile Buffett mastered dividend investing, real estate investors can do even better because:We can use significant leverage safelyWe control our asset's improvementWe get superior tax advantagesWe can force appreciation through improvementsWhat do you think, BiggerPockets community?

Long story short, you spend a month cleaning and renovating, then you find a new tenant after just 15 days.In total, you lost three months of rent income ($3,000) plus paying utilities ($500).