In the last five years, I’ve had close to 10 investor clients who either became real estate agents or had their spouses do so—because they were certain they already knew enough to handle it on their own.From here, I’ve seen things go in two directions.One path is overconfidence: they rush out, buy properties, and quickly get themselves into trouble.

It has to be handled in the proper way.

Now I just stick with a team of VAs that do my calls and lead generation and I handle all of the acquisition and dispo. 

Same guy handled a triplex rehab (the one with the theft), and that's where he took money that he simply pocketed or used in some sort of Ponzo scheme to pay off other debts (I have no way to know, but the money did not go to contractors or to continue work at the site).

How do you handle a turnover?

How will you handle the 1,017 problems that come with managing a real estate investment?

If not, how do you keep a handle on everything, especially everything related to renos/construction?

For an assumption, the Servicer handles processing and execution.

.: I emailed the PM yesterday and explained I was unhappy with how the situation was handled.

Looking forward to seeing your portfolio grow.Feel free to drop me a note if you need any help with cost segregation (how to reduce your taxable income using advanced depreciation).Chris Schmidt-Löffler