If you ever have any questions, or just want to talk, I would be happy to!

We've got an LLC set up and identified our PMS and the tools we're going to be using.  

You are free to do whatever you want after. 

We're willing to live almost anywhere in the greater Sacramento area based on what we can afford, provided of course that the property is in a decent neighborhood that has a good chance of attracting responsible tenants.As for budget, I believe we could get a conventional loan for properties up to $600k, but my strong preference is to find a distressed property (or seller!)

As for soft costs, you’re looking at a fair amount for a condo conversion-there are legal docs to have drawn up, reviews, surveys, recordings, setting up the HOA, reserve studies etc.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

@Karl Markarian Welcome to the community!! 

Lumber and plywood went up to the sky and then came back down but not down to previous levels everything else rose and stuck.

Quote from @Pranav Patel: Hello,I'm 22 years old with roughly $50k saved up through part time jobs and internships.

Call up a couple companies.