In my experience these are the levels of how financial fraud is doneLevel 1 - The “sponsor” is a fraudster from the beginning and the entire investment is a designed fraud designed to steal the investor's money Level 2 - The sponsor initially intends to operate legally and honestly but the temptation of easy access to money, usually fueled by addictions to drugs, sex, partying, etc. leads to the bad decision to line the sponsors own pocketsLevel 3 - The sponsor intends to operate legally but a crisis in their life resulting in a need for money leads the sponsor to “borrow” from investor’s funds with the full intention of paying it back ( which they are unable to do).Level 4 - The sponsor intends to operate legally but the assets under their management incur substantial loses; the sponsor attempts to cover up these loses by “temporarily” borrowing from one investor to pay another or submitting false results.

Understanding the local market, neighborhoods, and community dynamics can provide you with a valuable edge in making informed investment decisions.

When you list it for rent you can make a decision if you get who you think would be a good tenant either way.

Really excited for this--the passive investing community needs this resource to help them make sound investment decisions. 

I am scheduled to close on a duplex in Milo-Grogan in mid April so havent secured a PM yet. still shopping. but will certainly update here once the decision has been made. 

I think if you have confidence in a property manager in your area it can be a good decision.

-  If so, then that total (for example...monthly debt service is $2,000 and you underwrite at holding for 6 months, then you factor in that you have a total of $12,000 cash that you will be putting into the deal over that 6 month holding period) counts towards your "costs" or "cash into the deal" that you need to factor in, correct?           

We talk daily and make big decisions together...   

Sometimes it is a gut wrenching decision but sometimes kicking the person out is the best thing for them.

Hi Jacob, congrats on making the decision to start your investing journey!