Aim for a decent area, fix it up a little bit and use a property manager(a good one) to outsource those duties and to help you find good tenants.

From my experience if it's a good location with nice design and pro photos, you'll book up with out much of a discount.I agree, ditch the PM and start by managing it yourself with plans to outsource overseas.

Also, not sure what you mean by a turnkey provider as it sounds like they're outsourcing their rehabs and property management?

You can also outsource tasks you don’t want to do is always possible Involves paperwork and bookkeeping Lots of paperwork to keep track of QuickBooks isn't easy to learn and spreadsheets take time Plus tax season You can lose the investment Why do so many rental property owners fail?

I focus on doing fewer bigger deals with larger margins and outsource everything turn key.

I outsource all of my bookkeeping tasks to offshore labor, who are amazing and super high-quality and only cost me a few bucks an hour.

i really dont know what im doing as far as marketing it, and structuring it, and would like to outsource it to a property manager to market, and an attorney to handle it.

What kind of value can I provide as a JV given that the other partner would either like to manage this deal himself or outsource at 10%.

., then there’s no way I would have the time to scale up to 10.So I figured out ways to outsource all of those activities, which freed me up to focus on the mission of 10 houses.So how does that apply to your situation?

So I'm looking to outsource my bookkeeping in order to free up some time for other tasks.