You're certainly paying for the convenience of the turnkey aspect.To AJ's point, if you have an in with a local construction company or are there on the ground yourselves, then you may get a better return.

Eventually Carleton became his mentor and friend and helped him lay the ground work for where he is today.

That is a long story but the summary was keeping engaged with the tenant kept a bad situation from becoming worse,   and eventually convinced them to move out.I don't disagree with standing your ground and holding the tenant responsible for paying for damage they caused,   but good luck getting a lump sum payment from any tenant,  especially a section 8 one.   

I mean with me being newer into the market and industry, I wanted to get my feet on the ground with local deals and local experience with a surrounding area and market I’m familiar with.

Personally, my mortgage company provides me a ton of stress and my wife and I do ground up spec construction and flips, but I can't imagine adding rentals to that.

An agent should have boots on ground and walked through hundreds of properties in an area, and sold them as well.

Completely new to this space any advice or recommendation is appreciated. lots of ways to answer this but from experience there is existing, cash flowing inventory of single family, multifamily, commercial. there is new construction of single family, small multi family, and large development ground up multifamily. we play in the second area. all urban core higher density infill lots best locations.

Account ClosedIf you ever need boots on the ground for York, PA just let me know. 

I was thinking of just having an acquisition manager to be the boots on the ground and then a lead manager to do follow ups.

You need to have clear ground rules.