Having owned a property management company for 5+ years and managing over 300+ units, here are a few key questions I’d recommend asking:1.What’s your process for collecting rent?

My thoughts: be patient, save up money, put yourself in a great financial position, and then buy.

Here are a few key things to keep in mind when you’re hiring:Experience and Local Knowledge:You want someone who not only knows the ins and outs of managing properties but also has deep knowledge of your local market.

@Leo Gregoire20 years ago it was over leverageTen year ago it was Over renovated properties in areas that did not need to have upgraded finishes.Today it’s being patient.

The key is understanding the neighborhoods and building a reliable team on the ground, but if you're willing to do the homework, Detroit can be a great market for long-term investment.Feel free to reach out if you want more info on Detroit or need help deciding on an area!

Would like to hear what are some key things to be aware of in this area when selling/buying properties? 

I’m sure my post will be drowned out by a bunch of turn key operators, Realtors and lenders promoting markets with C/D properties but hopefully you will take some time to consider what I shared because most who focus solely on the BRRRR method work harder, not smarter in their real estate business.  

The key to successful investing is to not stop. 

This could range based on how much risk and work you're taking on versus their financial input.The key is to be clear and transparent about expectations, like how profits will be split and who is responsible for what.

In retrospect, I wish I had been a bit more patient and pursued a multi-family option to take advantage of house hacking.As a newcomer to this field, I’ve been following the BiggerPockets forums and podcast for quite some time now.