Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

The auction last year in CHS had several hundred bidders - not sure if this is normal in the other counties. 

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Can’t make her move to Philly.I used to live in LA and my W-2 experience was in tech/the entertainment industry so frankly it would be easier for me to find another job but still shooting for remote in general.Trust me if I could stay in Philly I would.And yes $1000/month is a few hundred under market.

So, ideally a 30yr track record with no investor losses across hundreds of deals is preferred, but in reality, for many people reading this, you will either get experience and long track record, OR impeccable, no investor loss track record.  

But paying $100 to file papers and another hundred dollars to serve the tenants seems to be enough to at least get a judgment to take possession of the property again.

Hi Ryan Biankowski if it were me I would keep my $10k in the bank for holding costs as well as you'll need funds for items you need to put deposits on like cabinets, counters etc.I would find a great deal, use an HML for my first position lender and a PML for the second.

I read their terms and understood the costs before signing, I will still be pocketing a few hundred for capx costs.

We do hundreds of lease renewals a year this way and it works well.

Hardware (ie cabinet knobs/pulls) if they are dated are easy to replace.