In 2020, it came to a near complete stop.Banks go through the foreclosure process typically taking 4-8 months.

A lot of it has to do with location and time.If they are local owners looking at 1-2 LTR properties, I'll assist with identifying cash flowing/near cash flowing properties, assist them in the purchase as their buyers agent and assist with tenant procurement, listing, etc. but they can typically handle day to day management from there.Furnished properties, whether that be MTR or STR, are a lot more involved, as I'm sure you're aware of!

I have received emailed responses days later, but seldom have I received a phone call.

Addressing community concerns upfront isn’t just a requirement, it’s a smart move for standing out with well-received projects.

@Paul Washington Below are the meets ups I typically go to.IMPACT Grapevine - https://www.meetup.com/DFW-REI-Network-Investing-Meetup/- Started in Bigger Pockets this group meets on the 4th Monday of each month.

Let’s break it down.Self-Managing Your Chicago House HackPros of Self-Managing✅ More Cash Flow – Property managers typically charge 8-12% of monthly rent.

We requested utility bills and after some time finally receive them.

Connect with professionals who know what they are doing so you can receive proper guidance.

@David YoungRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

the value added versus cost to add, especially in single family zoned areas, typically results in a large negative initial position.