A friend of mine, Sarah, and her husband bought a second home near her family in Phoenix, lived there for a few months each year, and rented it out as an MTR the rest of the time.

It's the perfect rental for my friend. 

One of my best friends owns one the largest brokerages in Miami, she says do not touch it, its going to crash. 

It definitely has fulfilled all of my expectations and more...and what I love most about it is the fact that it is completely user friendly -- it's a very intuitive program with a vast array of features.

The first few weeks were great, but at some point, you realize that all of your friends are working and you can only watch that much daytime TV.

I had a friend who used TrueDoor for a duplex in Costa Mesa, and they raved about the trasparent communicatoin and timely maintenance handling.

No pricing tool is set it and forget it that I am aware of, however I think PriceLabs is the most user friendly for small unit portfolio and I think the price tag is definitely worth it. 

I would say our government’s a little more friendly and hands off but the Californians a certainly changing that. 

A: I'd start by reading up on the previous 42,367 post's made this month asking "If/I have $_____, how should I start investing" and not assume post 42,368 would bring any radical earth moving change to the answers.

Finding the private money seemed to be the biggest challenge my friend has had while doing this.