I had every reason to be nervous because my first deal was in Germany, I was the project manager, and I didn’t speak any German!

We sold the house quite quickly at a reasonable profit.Lessons learned?

Yup, this is exactly the reason that I wouldnt allow delegated correspondent - it's too easy to get greedy and gloss over red flags when you get paid to package and sell risk to your partners instead of bearing it yourself.

Reason being is that it allows you to invest in other products other than they offer, so that's why they don't promote these . 

I've owned student housing as far as 4.1 miles from the University of South Carolina campus.In my experience, the only reason kids would live that far away is cheap rent.

Short term it is difficult to make the numbers work, the cost of new construction and the time it takes to zone-plan-build are usually the main reasons why private investors stay clear.

so I'm wondering if around $50k is reasonable to get a smaller single family home up to speed where it looks something like what you'd see on HGTV.   

This is one of the reasons I use a CPA for everything.

Hi Jasmine-Congratulations on being ready to turn your primary residence into a rental.Your question is should you use a property manager or self-manage your property.If there is enough positive cashflow or you can afford to pay a property manager, I always recommend doing so for the following reasons:1.

If you are buying at a discount, is there a reason such as the property needing a rehab?