Well thought out response @Jay Hinrichs .

Thanks for the responses.  

Thanks for all the responses!

Some people were told to lie by more than 2x the actual income, even though the person didn't have a job and massive student loan debt.3) I looked into the proprietary network that has 29k members; it was quite odd how 99% of all message posts received 0 responses.

However, I'm feeling a bit overwhelmed by the sheer number of markets and the endless research involved.I’m reaching out to seek your guidance on how to take that first crucial step in my real estate journey.

This can lead to more opportunities and partnerships.Market Understanding: As a property manager, you'll gain a deeper understanding of the local market, which can be invaluable when you start acquiring your own properties.Steady Income Stream: Property management can provide a consistent income, which can be particularly beneficial in the early stages of your real estate venture.Skill Development: You'll develop a range of skills from customer service to maintenance oversight, which are crucial for successful property ownership.Brand Recognition: Establishing a presence as a reliable property management company can boost your reputation, making it easier to attract tenants and investors when you start acquiring properties.Cons:Time Commitment: Property management can be time-consuming, especially if you're dealing with multiple properties or demanding clients.Regulatory Compliance: Staying compliant with local laws and regulations requires diligence and can be complex.Conflict Resolution: Dealing with tenant issues and conflicts is an inevitable part of property management and can sometimes be challenging.Financial Risk: There are financial risks involved, including late payments or damage to properties.Market Fluctuations: The property market can be unpredictable, affecting both rental income and property values.Overall, starting with a property management company can be a smart way to enter the real estate space, especially in an area with a clear need for such services.

What did you say in response to that? 

Keep tracking equity contributions, as this will be crucial when transitioning property B into a rental or selling your share.

Participation trophy culture runs rampant next to abject fragility as a guise to avoid responsibility and ownership.

Every license comes with its own responsibilities, fees, and obligations—like insurance, NAR dues, and other costs—so it’s important to think carefully about your goals before jumping in.I have to respectfully disagree with Erik.