If you do have a current property manager, meet face to face with them and find out the details of how they manage the properties with an eye toward improvement.As has already been alluded to, you should think about what happens when one or both of your parents pass.

I'm half way through "Start Your Own Corporation" and it's a real eye-opener.  

Some get materials cheaper than others and some have more of an eye for design than others 

don is just making excuses ...hes never done it and cant even speak of it -- a birds eye viewput simply - you have to do it -- all the other jibber-jabber on here just reads as complaining and excuses -  it is real estate to a degree.  

Once the borrower is tied into these they are quite cumbersome to manage for the borrower and god forbid there is a default of any kind :)  or with the pre pay penalties and the reporting and the covenants to keep a certain DSR etc etc I mean look at all the syndicators who are leaking oil because they cant meet loan covenants.. 

.- Stay informed: Keep a close eye on market trends, interest rates, and local economic factors that could impact your investmentsI also lend on fix and flip projects so let me know if you're looking to get an additional quote for your next flip! 

Also what caught your eye in Scottsdale?

It is a new market for me, so I will want to visit at least once to see with my own eyes, but will not do any supervision of rehabs. 

You think he's in the public eye, and can't afford to screw people.  

I wouldn't be trying to pull the wool over their eyes.