I manage around 400 rentals and probably terminate a couple dozen every year for lease violations.

I would like to start close to home as I plan to self manage the rental side of it.

My wife continued to be the administrator of record with the state as we added homes to our portfolio and she would assign the house manager as the administrator designee for the home. 

Then, start building your connection with local agents, contractors and property managers.2. 

I occasionally get requests to manage commercial and love to have a referral source. 

I’m just getting started and looking to soak up as much knowledge as possible—whether it’s about finding good deals, managing renovations, or understanding the financial side of things. 

Especially after capex, vacancy, management fees, etc etc. 

While I have managers handling the daily operations, I still oversee everything remotely.

Then they will manage the contractor to make sure the work is done properly. 

While qualified dividends get preferential tax treatment, real estate offers:Depreciation deductions1031 exchangesCost segregation opportunitiesHome office deductions for your management activitiesAnd more!