Build a team of professionals, network with investors, and mitigate risk by screening tenants, having proper insurance, and having reserves.

I know this will disappoint most BP forum readers who have been taught they can live behind a computer screen and make sound investment decisions based on zillow zestimates and the number of available rental units at any given time.

You’ll probably need to budget between 1% and 3% of the rental’s purchase price per year to fix leaky pipes, busted doors, broken windows, and similar items.Then, you’ll need to budget for capex reserves.

This job will entail screening tenants, leasing properties and handyman work.

Well you've broken the law by not returning it in the time frame.

Definitely encourage you to practice analyzing a few properties using the “Deal Finder” at the top of your screen, and the Calculators (Under “Analyze Deals). 

Repairing water damage and fixing broken items is the bear minimum for a landlord.

I learned how to handle minor house projects while husband was working, saved tons off hiring people for minor but labor intensive projects like painting, window screening, changing locks, etc.

Consider property types, low down payment financing options, cash flow calculation, tenant screening, and property upgrades.

As for tips on property management, the number one thing I would say is to screen diligently.