They also pay for administrative costs such as updating the HOA home owner’s directory, billings and collections, covenant enforcement, routine legal costs, maintaining a web site, posting HOA governing documents on the web site, administrative staff, and other operational costs.

Great guy with knowledgable staff.

I also wrote software to automate keeping rental payments ledgers - and push it out to my on-site staff. 

I know guys doing so many deals, they have full office staff, acquisition people, project managers, etc. and they are buying 30, 40, 50+ houses a year.

That picture was actually taken when I was going to meet with Congressional staff to discuss a program/resource I took part in creating for veterans returning and transitioning into the academic environment.In regards to real estate, I am 35 years old, and yes I am hungry, however, I am not young and flashy.

When the tenant was always in the background w/o issues, I feel free to say so and then others just get 'No Comment' - - and if the caller can't read between the lines, they will learn soon enough.When I call for info, I ask only one question "Would you rent to them again in the future" and that tells me all I need to know.There are businesses and landlords that flat refuse to give references for good reasons, but IMO, that's because staff frequently is less than 'politically correct' in their comments.SO WHY SO NON-COMMITTAL?

In think tank these people have their own staff in turn you should also.

., no prior relationship), I suggest hiring contractors with a brick and mortar storefront or office that has staff of employees (field and office), that has been around for awhile and are, of course, properly licensed and insured.  

Now is the time to be building your Rolodex, and starting to put together your "Team"...Lenders for your customersSupport staff for youTitle CompaniesMortgage LendersPrivate MoneyAppraisers & InspectorsContractorsMarketingBuyer's ListInvest time in yourself...

Loan: $800KMortgage Payment:  $4,300Scheduled rents:  $36KUtilities:  $4KPayroll:  $4K (1FT manager and 1FT maintenance)Taxes:  $1KInsurance:  $2K ($24K/year)Repairs/Maint:  $2K (parts only, full time maintenance tech on staff)Turnover:  $4K (Paint/carpet turnover of 2 units/month)Vacancy 10%These units were in good shape, but needing a management turnaround.