Purchase price: $15,000 Cash invested: $25,000 Sub to deal - paid the seller and wholesaler $15,000 + $7500 closing costs to assume $84,000 mortgage with a monthly PITI of $575.

I personally own a large portfolio here in Memphis and I hired a property manager for the very first proeprty and I still use them today. 

I was able to get more information on the property then if I didn’t know the seller and I’m still able to contact the seller if I have questions.

But my suggestion for future listings.Look at days on market in the area that you are going to list.

The best way to find a CPA or real estate-focused accountant is to checkout who is posting in the tax forum all day helping folks :) 

If you were to sell the rental, what would be your budget and buying criteria to house hack?

@Diana Mulvihill listen to your gut just work on your pricing strategy and do your best to maximize revenue.

Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.

An appraiser is not going to use single family homes on the appraisal if they do the bank/lenders Underwriter 100% will ask for more comps that are mobile/manufactured to be compared to subject property.

A little about me: i’m new to the real estate world and eager to learn everything I can to build a successful investing journey.