Quote from @Carson Hyland: Even if you buy the right property, failing to manage it well will kill your cash flow. 

You’ll need to treat it like a business—handling tenant management, accounting, legal compliance, property maintenance, and more.That said, when done correctly, it’s a powerful tool for building wealth!

I’ve been looking into areas like Oakhurst, Mariposa, Yosemite West, and surrounding towns.If you own or manage a vacation rental in this region, I’d love to hear about your experience.

I am a rookie investor hoping to purchase my first property within the next 90 days.Kwanza Hi Kwanza,The first thing you'll need to decide is whether or not you want checkbook control of your self directed IRA. 

So, when that happens, you won't really have to decide, you'll just know it's a great deal and you'll shorten your timeline!!  

Hey Barbara, I have a property manager I can recommend for the LAIC service.

First thing is to decide if you want to flip or buy/hold.

Just want to drop the message here, anyone located in Dubai or distanced managing properties there?

Whether that book is $20 or $2000, it's up to you to put a value on it, and decide accordingly.You can get information anywhere, but meeting local investors is best done locally and in person.

We have one property managers whose job is to be our eviction Laison across the whole portfolio.