I thought the program’s 50/50 profit split would align our interests and ensure they provided solid guidance, especially since I was new to the field and nervous about making such a large investment and thought the 50/50 profit split sounded fair.

It’s exciting to hear about your plans to dive into this field, and Chicago is a fantastic market to explore once you move there.It sounds like you’re on the right track with your interest in House Hacking, Mid-Term Rentals, Short-Term Rentals, and the BRRRR strategy.

It might make more sense to just keep the rate, rent it out, save $30-35k, increase your income through a promotion or find another field and work for 2 years or more,  and buy another primary with a conventional loan. 

I definitely want to continue in my field—not just because I enjoy it, but also because it allows me to keep investing without dipping into the cash flow from my soon to be units.

A PMC is like insurance - how long would you choose for your family to live without medical insurance?

The real value of an agency should be in reducing your workload, not adding extra oversight.On a related note, having worked in this field and provided these services myself, I can confirm that the pricing you mentioned for cold callers is too high.

This one happened to be 2-Day Field Trip Bus Ride where we would be able to ride with him through Jacksonville and see real properties, where he made real money, and how he did it.

We signed an SOW in May 2024 for a 90-day project.At first, Ashley answered our calls, offering various excuses—personal medical issues, weather delays, and being overwhelmed with investors.

(Available time, money, income, family situation, credit availability, time horizon, real estate market location and phase, medical situation, etc etc.)

Thus, my main goal joining this forum is to try to gain confidence in the decision to get into real estate investment and better understand the risks that I may not be considering due to my lack of experience in the field.