I am from downstate and may or may not hire a property management company to manage the property.

My main questions:Should I hire a general contractor to manage the entire renovation, or would it be better to hire specialized contractors for each part of the project (flooring, paint, HVAC, etc.)?

Hiring a good property management company who's on top of things, or ensuring you or someone else you hire put aside additional time for property inspections on a more consistent basis.

Chicago has 5+ different ones that I been to in person, but has ZOOM virtually at 6pm on Sundays https://ccia-info.com/upcoming-events and have found investor partners even from virtual attendance "haves and wants".

The inventory of homes within this bracket is virtually fixed.Prices and rents are determined by demand, which is driven by population growth.

Most people hire  an attorney to (a) save time; (b) trouble spot issues.

Platforms like BiggerPockets and local real estate meetups (even virtual ones) can be valuable for making those connections.

Every investment company has its own important parameters for how they perform market selection and identify high-quality investments, so we build custom AI models that work specifically for our clients and their needs, automating 80% of routine tasks and scaling businesses without hiring more people.If you are asking about already built-in solutions, then it probably makes sense to take a look at Canoe Intelligence.Hi Denis,This sounds really interesting.

I hired a contractor who left his workers unsupervised, they painted the whole house but did a terrible job because the paint didn’t stick.

This could lead to significant tax savings, especially if you're actively involved in the management and operations of your properties.Additionally, starting a property management company would allow you to deduct a wide range of business expenses related to managing your properties, such as office supplies, travel, marketing, and payroll (if you hire help).