Your plan to handle the strategic aspects remotely while a property manager handles onsite issues is smart, and as long as you log your work and stay hands-on, you’ll likely qualify for active status.

If something needs tweaking, they handle it without making a fuss or dodging calls.3.

Putting in place policies and systems to handle that will be key otherwise you'll always be working or at least be on-call.  

Any individual PM (not associated with companies) who can handle 3 doors in Jax and Citrus Spings, fL

My father is a certified contractor in NJ—he’s built one home, flipped four, and consistently handles upgrades and maintenance for me and his other clients.I’d appreciate any tips or stories from those who’ve turned equity into a profitable venture.

I can handle about 80% of the work for a property flip.

Specifically, I’d love to hear about best practices for managing shared spaces, screening tenants, and setting up house rules.Additionally, I plan to split the utilities among the tenants—any advice on how to handle this efficiently would be greatly appreciated!

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

I'm starting to build the foundation so that when I get this experience I'll be ready and able to handle the business.  

For our ADU (garage conversion), I am handling the design/engineering and then selecting a final contractor once its permitted and ready to go.