If you treat your PM like a company that just unclogs a toilet then you're really short changing yourself. 

There is a good reason why "tenants, toilets, and trash" is something a lot of mom and pop rental property investors/landlords/flippers are eager to move on from when they can!

Look in the local papers for the last few meetings of the city council or county board to find out if any new rules are being proposed. 

On paper we were slightly in the red but much of that is due to one-year expenses/repairs & allowable transportation costs to get up to the property for work days ourselves. 

When the market was in the toilet after the great financial collapse, multifamily cap rates were in the 6-8% range. 

On paper the cheap houses look great, but the reality is they are harder to manage, have higher turn over and cost a lot more time and money.Buying before you retire is a good idea because once you retire, your ability to borrow money is going to decrease as you don't have a regular income from a job.As you want to fix houses up, why not buy a house that needs a bit of work, live in it while doing the renos and then move when you sell it. 

Basically when you compare Cleveland to Riverside, California most every Cleveland deal will look amazing to you on paper.

Seeing 9-10% return On Paper, I couldn’t help but connect to the long term RoI of stocks.

You don't need to use a title company and pay fees, you just need to proper paper work and quit claim deed.

most of these "youtubers" etc social influencers are nothing more than paper tigers.