Property management is a "nickle" and "dime" business.  

@Michael Quarles I can honestly say that I've never gotten any solid business from postcards.

If the state matters, I'm interested in Connecticut90% of our clients is OOS investors and our business process is tailor-made for them.

We both run our own businesses but we feel that real estate will help make sure we both maintain our life plans of not needed to work as much any more.

Friendship and business don’t always mix well, so it’s critical to use a solid lease and treat this as a business arrangement.

I was told by a friend that his dad who runs an appliance business has "keys to every type of washer/dryer coin box".

New construction, fully decked out on the design and amenities. purchase price 785K, 40K in seller credits, 120-140k gross rental projections What made you interested in investing in this type of deal?

Over the past 15+ years in this business, i have seen the good, the bad, and the ugly. 

I am seeking advice of what to do with the money from someone who exit the business and successfully got similar income and appreciation of capital.

This is a business.