The more deals you’re part of, the more you learn about:✅ Structuring deals✅ Managing risk✅ Negotiating with partners✅ Handling financingTaking part of a good deal helps you build real-world experience that will pay off big in the future when you do bigger and better deals.3.

Depreciation begins once the property is rented.It’s essential to consult with a real estate attorney to ensure compliance with local laws and to handle legal complexities.

You don't have a property manager, because if you did they would be handling these duties.  

We haven't concluded on that yet but he does handle the day to day to keep the stress off of me. 

Do you use any tools or services to automate the process, or is it something you manually handle?

A professional property manager should handle the heavy lifting, ensuring your investment is protected and profitable without adding stress to your plate.

It's an easier way to get your feet wet as a landlord without the stress of handling major renovations.

Educate yourself on how to handle marketing, screening, late rent, lease violations, etc.

I’ve gone through purchases, sales, 1031 exchanges, remote inspections, and repairs, all handled smoothly with minimal involvement on my end.

To them, everything takes "5 minutes" to do.The entire PMC industry has major challenges when it comes to handling maintenance, so it's a featured topic at most industry conferences.