In total, including money lost from rent, legal fees, and repairs, the situation cost almost $30k.

I actually aim for not having any one real estate investment make up more than 1% of my net worth.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

I don't believe either of these are actual Steadily MGA policies though.  

@Hector Haro spend some money and get Appfolio.

It’s called TIME VALUE OF MONEY.  

@Geoff Engel If you don't want to be a landlord but still want to be involved with investing you could be a private money lender for flips or in partnerships and bring the money to the deal.

Once your emergency account has a reasonable amount in it, whatever that means to you, you might want to think about steering that payroll money into the investment savings account from each pay check and leave the emergency account money as is.

Could these waits be mitigated by going the hard/private money route?

I could get the same or higher overall ROI by putting my money in an index fund which is 100% passive.Deal #2This seems like a good deal to me at the asking price.