We also offer 3 tiers of competitive maintenance packages for inspections and regular upkeep and maintenance of properties!

It sure is mate,What "killed" the fun for more is scale.10+ deals per month, 30+ in house staff.Different devisions like property management, rehabs, maintenance, brokerage, building tech, personal investments, etc...Came full circle mate.Less is more and not looking to break any records nowadays.Doubled revenue and profits first 5 years lolBecame a monster with 17 heads...I want to get old like you and Jay so health and life first now hahahaJokes and love you fella's 

The house is in good condition, AC and roof are 5 years old.Generally I keep $2000/year towards maintenance when I buy houses that are 5-15 years old in this price range.

However, managing multiple LLCs can mean higher costs and administrative work (separate bank accounts, annual filings, etc.).It depends on your risk tolerance and ability to stay organized.

I wanted to avoid shady characters and losses while trying to build a rental portfolio that was rehabbed to a good standard and didn't have much maintenance issues.4.

Join off-market Facebook groups and local RE investor FB groups to get more local information about potential off-market properties, and find investor-friendly RE agents who are willing to work with you.I would recommend for a first deal at least to get something closer to home, easier to get back and forth to for your own sanity, ability to check on either construction or tenants, address repair and maintenance issues.

Trying to manage a $1M Airbnb rental while it sounds good you got $6500 in bookings you still have significant costs to operate it with maintenance repairs, utilities etc.

In some states it includes annual fees (like the 800usd for CA).Turnover has both minimal repairs and cleanup.

I never investigated further.I always questioned his recommendations because at the price/rent point he was advocating, the maintenance/cap ex would consume too much of the rent unless actively self managed.  

This is standard business practice - just look up how many settlements the SEC makes annually where companies pay millions in penalties WITHOUT ADMITTING to any wrong doing.- Cash-for-Keys is another example of this!