"Hire fast Fire faster"     Although I assume you mean how much to clean the property the first time?

We hired an attorney and paid another $5,000 for legal advice.

Maybe do a bit of rehab and increase rents, divide by cap and you see how much value you add to your property's "ARV". example4 units - $1000/unitARV $500klight rehab brings $1200/unit$200*4*12 = $9600 / let's say 8 cap = $120k additional property value ARV $500k -> $620kAdd appreciation, gentrification, more depreciation, refi.BTW a LLC is like $300 if you do it yourself or $500-600 if you hire a lawyer. $700-ish out of state.

Hey Tucker, I would say hiring a local property manager is a game-changer for out of state investments.

We've seen it happen as we've been hired many times to clean up messes and finish projects.

They try to hire everyone else to do the work for them.

I hire a contractor to do accurate estimate of repairs and they quote $45,000.

I purchased a duplex in Lorain in May of this year and hired a general contractor (GC) I found on Bigger Pockets.

They can walk you through all of this and will help you create a tax strategy based on your goals.Your statement that "insurance can't be deducted" reinforces that it's most likely in your best interest to hire a professional to help you with this.The forums are great but not a substitute for hiring a tax pro.

I wanted to hire VA's to handle the cold calling aspect of things, since that is the most time consuming part in my mind.