With 20 years of experience managing 30+ long-term rentals, a few STRs, and running a property management company in Central Florida, I’ve learned both have their place in a portfolio if you diversify based on your risk tolerance and the timing for your goals.

We usually are responsible for connecting investors with teams on the ground or established local PM companies.

I like to think I have done ok. for me finding properties is sales - managing real estate and growing your company requires problem solving. 

If cash flow is what you are after, set up a coffee trailer, wash houses, sell digital assets, launch a Shopify store, set up ATMs, buy a title company, coin laundry, a party rental business a car body shop etc.. and then invest the cash flow in real estate! 

This is what my company does for our clients..

I will be furnishing one side for now and leasing to a mid term rental until i get a property management company that will work the property or get it leased out to students What was the outcome?

A few that sell and manage, or know management companies.  

But make that police report with the video evidence as the insurance company is going to want a copy.

I own a roofing company in Denver and a separate gutter company there too. 

@Alec Barnes As the owner of a property management company in Texas, I completely agree that a solid screening process is essential for placing quality tenants.