My first thing is to start built relationships with realtors and property managers.

Ensure your projected cash flow covers expenses, including higher insurance and management fees.If you have anymore questions, shoot me a DM or email!

There are also online platforms that will handle managing security deposit compliance, refunds, etc. like rentable.com

Census Bureau and Department of Housing and Urban Development just dropped their December report, and it’s big.

It puts a face to management and allows to open doors for repairs if need be and makes them aware of who owns property now.

To move forward, determine whether you prefer local or out-of-state investing, cash flow or appreciation, and self-management or hiring a property manager.Good luck!

experience: I’m on my 3rd flipage: early 40sday job: brand and web design/development retirement savings: noneI want to learn about buy and hold to secure having SOMETHING for retirement!

One reason was the condo management company wasn't doing a great job and there were always extra levies. 

A bonus is if that company also manages and will stand behind that property after the sale to an investor like you.if you have the time, desire, risk tolerance, and knowledge, you can absolutely find and or create deals on your own.  

Having local family gave me a built-in support system, market familiarity, and the confidence to manage a property from a distance if needed.