Choose a goal so ambitious it forces you to grow into the person who can achieve it.

Hey @Chi Lo - I actually have a video on my YouTube page about this (lookup ClosedByMo on YouTube).Regarding walls being damp and waterproofed, it means there needs to be waterproofing on the basement retainer walls (this is something you can do post-construction and the contractors would need to dig around the house exposing the basement/foundation to apply the waterproofing). 

Hi. I own a duplex property (I do not live on site) and I'm renting out the 2 bed/1 bath back house. I got three applications today. All of them are financially qualified and sound: 1. Single woman, mid 30s, small dog...

In fact, even with my extensive experience, I choose to have all my properties professionally managed.Here's why:Tenant Selection Is CriticalThe most valuable service a property manager provides is selecting reliable tenants.

Watch as many Brandon Turner and David Greene videos as you can on BRRRR. 

When choosing a PM, make sure they prioritize both.

This is an obvious fair housing law violation because you are choosing which prospect get the concession.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

I recommend selecting an investment city based on the following criteria.Key Criteria for Choosing an Investment CityRents Must Outpace InflationFinancial freedom depends on rental income growing faster than inflation.

You might choose not to renew leases, make improvements, and then raise rents after taking over.