The volatility of Austin's RE market also presents challenges.

If you do decide to work with them, you could set up a clear partnership where they’re equity partners and you handle the management and operations.

Despite being based in NYC, I’ve learned to delegate, handle operations remotely, and watch my brother thrive as a leader on the ground in Boston.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

I will tell you my experience as I work through my challenges and system implementation and deployment.Hope this helpsAhmad Williams

After looking at your post, I realized it's probably necessary to have a dedicated real estate attorney handle this issue for me since it's serious and I might make a mistake big enough that probably will cost me too much money to fix.

I’ve also worked for a few investors, focusing on organizing maintenance, handling tenant relationships, and coordinating upgrades.Now, I’m venturing out on my own.

If you have the extra cash you can buy more units or be able to handle expenses that crop up more easily.

For practitioners in the real estate industry, the biggest challenge is not just the difficult work, high risks, or immense pressure, but the necessity to learn to let go of complete control over outcomes.

The 38128 is slightly below the median and is in a decent area, but definitely an area on the more challenged end of the spectrum in Memphis.