He ran the numbers, we used a calculator to run numbers for rental or flip property, and the math made sense.

I live in Detroit but envision running the investment as a business, not a third job: Pay top dollar for the best PMC.

Find a mentor that you can run "good" deals by.

Brett was his partner.You can't clean up your reputation by running away.Preston got to reap the rewards when the money was flowing at GEG.

Overall, managing an apartment with Section 8 tenants can be super rewarding, but it takes careful planning to keep things running smoothly and profitable.

I spent a decade in advertising, before founding and running a custom wood shop for another decade, so 'm pretty good at the self-promotion.I agree with you that the more gorilla approach would be most effective and that's actually what i've been doing – calling RE agents in my service area with active listings, introducing myself to property managers and leasing agents...To answer your question, I will have to handle the work myself for 6-12 months to build out the SOPs and field service management systems, but I have a lot of relationships for those looking to "do the work".I'll check out the meet up and would love to grab a cup of coffee, I'll shoot you an email.

We would run this as a boutique hotel.

Trying to run a successful PMC is difficult but trying to run multiple companies - VR, Annual, cleaning, and landscaping is probably going to give you an aneurism.

So I started creating an on boarding system where I have recorded videos and documents and protocol of how to run business.

If you are running a LLC for your rentals is essential that you keep all business  funds in a separate account I like Credit  unions the best .