Someone with limited ability to manage 2 or 3 SETS of contractors is not going to have successful rehabs.

In previous posts people have used both financial analysis/projections, and point to point critique to try to explain this, but it hasn’t resonated with the true believers.

My wife and I started managing more properties for others as word of mouth recommendations started and we started to use the management and arbitrage cash flow to acquire our own properties and fund the BRRRs we were working on.  

We own one and manage multiple others on that same street.

You definitely need to have your ducks in a row using a HML to get the project done quickly, on schedule and on budget.

. - RentReady repairs & vacancies between tenants can blow any projected ROIs.2) Warren Buffet - go where others aren't.

I was also planning to work for a property managing firm to learn the ropes of the state and local codes while continuing to invest.

@Joe Frank I’m a huge fan of Turbo Tenant to market properties, manage leads, screen tenants and lease up.

When it comes to experience I have facilitated my fair share of successful projects, however the point still remains that I did not complete those deals completely independently.

I have a mobile home park in Idaho which will have an onsite property manager.