Originally posted by @Mike Dymski:You don't need one if you are sourcing, qualifying, and closing the leads. 

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Foreclosures aren't a super big source of leads though and most end up on the MLS anyways so they many people will see them.

Face-to-face connections can quickly build trust and often lead to referrals.2.Online Groups & Forums:Utilize Facebook groups, LinkedIn communities, and other local online networks dedicated to real estate investing.

But don't lead this with tax situation.

Renting to a family can lead to disputes, so a formal lease is essential for professionalism.

Use tools like PropStream, BatchLeads, or DealMachine to find leads.

They lead us on with Proof of Funds letter, gave them EVERYTHING they needed.

✅ Foundation – Uncover structural issues that could lead to costly repairs.✅ HVAC System – Ensure heating and cooling systems are operating efficiently.✅ Electrical – Identify faulty wiring or outdated equipment that could be a safety hazard.✅ Plumbing – Detect leaks or hidden damage before they escalate into major expenses.A small investment in a home inspection can save you thousands in unexpected repairs and help protect your bottom line.Do you get a property inspected before making an investment decision?

I'm looking to purchase my first property with my fiancé (both 25) with the goal being to establish our primary residence together, as well as giving me the opportunity to add equity/value via rehab before moving on and converting the property into a rental within a year or so to kickstart an investment portfolio.An interesting lead that recently came up is my parent's neighbor's house.