My biggest challenge right now is finding a property management company that offers rent-by-the-room leasing services.

Be sure to set up a team (specifically a good property manager) in the market you move into. 

Purchase price: $225,000 Sale price: $239,000 Property manager has multiple units in the area, presented it to one of her investors and investor was ready to lock it trusting her property manager on the potential she sees on the Duplex

Operating costs like cleaning, advertising, property management, and depreciation for rentals.

A property should generate positive cash flow after factoring in all expenses, including property management, maintenance reserves, and vacancy.

There are PM's that manage on that side, Kansas City property managers don't generally travel that far.

As you progress your bookkeeping business, you'll likely want to learn how to export statements from a variety of property management platforms, as investor books are housed in bank accounts, spreadsheets, and a variety of property management and accounting software!

And someone jumping into this as a complete newbie can expect that they have a decent chance of making some expensive newbie mistakes. 3) On the other hand, I feel one of the main advantages of passive investments (via syndication/crowdfunding) is that I can hire a manager who has years more experience than I can ever hope to obtain myself.

However, since this isn't my core business, managing them sort of sucks.  

This lets you do what you do well and not manage investors.