If you love property management and want to start a business keep looking into it.Otherwise keep buying income producing properties to generate wealth.

Quote from @Andy Tack: Hi Josh, we are developing 767 acres in Tennessee as Glamping STR properties.

He took the new development appreciation approach.  

I’ve been considering working for as a acquisition manager for a  wholesaling company, as I believe it would help me develop skills in property analysis and enhance my sales abilities.

Incensed deal flow by developing a large list of contacts of commercial mortgage brokers using LinkedIn.  

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

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

@Melissa Sejour a good property manager will give you a lot of information that you care about.

I grew up in the real estate industry watching my father raise money with a PPM for large multifamily value add projects and a developments.

Developers will not be able to get these bonus building permits without providing such TDR credits.