The local property will give you practical management experience.You might do better buying a REIT if you are planning to buy single properties far from home.

I’ve been a real estate investor since 2015, owning and managing multiple multifamily properties and running a short-term rental business in Cape Cod, the Lakes Region of NH, and the Berkshires.

The current one lasted 8 years and needs to be replaced (as per what our property manager is saying)I heard front loaders could leak, so I typically only do top loaders for rentals.

For example one person could manage paperwork and another person could be boots on the ground.

The utility company doesn't manage your property...they provide paid services until they're not paid anymore. 

For appointment setting: we offer an AI-powered re-engagement and appointment setting platform specifically built for RE investors that integrates with your CRM and ultimately makes your lead management process much more efficient. 

You will also need to vet out contractors in the area to ensure you that they can stay on top of your project and will do what they say.

I'm going to try leasing the place out myself again, but if I'm struggling, I will hire property manager. 

If a dishwasher is 15 years old and the tenant destroys it, you can't really charge them much because the appliance is beyond the life expectancy.To learn how to determine charges for cleaning and repairs, you can read my book in my signature, Brandon Turner's Managing Rental Properties, or NOLO's Every Landlord's Legal Guide.

Welcome to BP, I’m an agent here in the Phoenix/Scottsdale area and I work with a lot of investors on fix-and-flip projects, rental properties, and off-market deals.