I'm talking about the kind of people that buy 10 million dollar houses.

It needed some work but it was fully rented and put a few hundred dollars in my pocket after expenses every month.

Its important for landlords to understand the market analysis rather than trying to squeeze another couple hundred dollars.

Once you have a solid bone + meat, you can spend some very cost effective dollar to dress up the exterior.

We literally have had zero vacancy on most of our property in years.Maintenance is typically $1000 a year on a 1 million dollar property and our values double every 10 years, actually every 7.8 years but let's call it ten.So if you can afford to get in you will create more wealth over time than say a city like Memphis where I invest in the USA

.- The property is now worth over a million dollars now. 

Someone put a fancy brand name on something relatively common.When the policy is designed properly, they should always outperform traditional retirement plans (dollar for dollar).

Do I need to hire a property management company to obtain the rental license? 

Obtaining Non-refundable deposits.

Work with dollars.