Make sure every investment is solid and that you know how to manage them well.

Ricardo, our brokerage has a specialty in investment and multi-family properties.

Are you accounting for everything—taxes, property management, maintenance, insurance, reserves—and still hitting your target returns?

I am interested in buying a long-term turnkey property in a nice area (I live in San Diego so this property would have to be out of state).

* Are you a Certified Property Manager?

Currently we have titled our 16 properties in 4 LLCs and we have a 5th LLC where we manage our properties.

I use QBO to keep track of my properties and do this for my bookkeeping clients also.

Good luck  Total Rents Collected: $23,025/mo Debt Service: $12,358/mo (sad for me. 8% interest rates lol) Property Management 10%: $2,303/moReserves (Vacancy 5%, Maintenance 10%): $3,454/moPhantom Cash Flow: $8,365/moTrue Cash Flow: $4,911/mo (Money I can legit burn)  bob as you probably know I owned a few hundred of these types of homes from DetroitCleveland to Jackson ms  Birmingham balt city etc etc.  

- Who will manage it?

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