For this topic it is outside of my realm of expertise.

With your boyfriend working for a builder/investor, you might have access to some insider opportunities.Working with your boyfriend’s expertise and connections is a huge advantage, especially for managing upgrades and potentially cutting costs on labor or materials.The $45K Home: Keeping the inherited property with the $45k balance as-is until Year 3 is a wise decision.

You'll need a reliable network of local professionals (plumbers, electricians, handymen) you can trust.Hiring a Property Manager:Peace of Mind: They handle day-to-day operations, tenant communications, and legal compliance.Local Expertise: They understand the local market trends and rental laws in Colorado Springs.Cost: While there’s a fee, many find it worth the reduction in stress and time commitment.Lessons Learned from ExperienceBuild a Strong Local Team: Even if you manage the property yourself, having a dependable local handyman and a real estate attorney can save you headaches.Leverage Technology: Utilize property management software for rent collection, maintenance requests, and tenant screening.

I'm looking for savvy friends and I'm sure I can also give you tips about stuff in my domain of expertise.

Many YouTube videos and books on the subject will help, too.I found that practicing analyzing deals was very beneficial. 

Your expertise can make a big difference!

*eyes roll* got it.But practically speaking it makes sense.

An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do. 6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).

Hello BP,I'm wondering if any experienced operators out there can shed some light on best practices.

. 😜2) Courtesy of your state government: A Practical Guide for Tenants & Landlords - Michigan Legislature