@John Sharpe that is a great idea.

You purchase a property, live in it for 1 year, update the property to make it sharp and rentable in the future and you purchase another one a year later and rent the 1st one out.

Unless the guy is just starting out and seems very sharp and trustworthy, go to a company that has an established track-record and one that is easy to get ahold of. 

In my opinion, he's a pretty sharp guy when it comes to investing and worth listening to.

Since they only took 8% of rent, increasing rents don't make much of a difference for them if its a small increase (ie $20/mo would be about an extra $220/year for me and only $20 for the PM company) so I had to stay on top of them to do the increases annually as they didn't seem to care.Those were the biggest concerns for me.The icing on the cake was they botched the moveout inspection by signing off on the tenant leaving saying the property was okay but then we found the blinds were bent (tenant taped it with scotch tape so it would look okay but once removed was clearly bent), a washroom door handle lock was no longer working as it was broken, there was damage to the FOB (more than wear in tear as there was a hole in the button like it was stabbed with something sharp) and there was also damage to the granite kitchen countertop (not even sure what chemical was cause it to become rough in a spot).

@Harrison Sharp You're doing pretty well already as as part timer. 

I was planning on starting this endeavor with a very good friend of mine in the Atlanta area who shares the same aspirations as me and is also very sharp with their finances.

@Harrison Sharp Nice to meet you.

Might be worth a rebuild, but you'll need a sharp pencil to calculate all your costs.5) Donate the home to a non-profit.

Accordingly, the results of two Senate runoff elections in Georgia and the possibility of more fiscal relief are both less certain in the eyes of bond investors and thus could prompt sharp movements in bond yields depending on their outcomes.