At that time, I would have agreed that "small changes make big differences over time and this is how home loans are paid off within 5-8 years" (ie. for "someone who takes home at least 1.50 for every dollar they spend").But it really annoys me that this type of "5-8 years" hyperbole is being promoted to people who don't earn 50% more than they need to spend, and who don't have a high interest rate anyway.Another point is: So what if it takes 30 years to pay off your home?

As they say the loudest boos come from the cheapest seats - I wish you spoke to the revolutionary nature of this marketplace and the breakthrough we achieved by risking a LOT of ad spend to help the industry have a better alternative.

In my opinion the biggest thing you're paying for with a property manager is the experience, staying up to date on legal complaince, and having stuff in place already.If you decide to start self managing you're going to have to spend time up front to figure some stuff out (exactly how much I don't know) and periodically spend some time doing various stuff.The truth is, if you have a property where you have a great tenant, they pay on time, they never cause problems and stuff rarely breaks, management is very easy.

If you only want to spend $200, you could also go to a biker bar and hire a couple of those guys.....just pay cash, no paper trails....

unless you're going to spend time, money and energy building a team, going to the market in person, and being thoughtful and patient, you will likely lose money. 

If I have a complete listing that gives me the basic expenses and the income for the property I know in a matter of about 20 seconds if the deal is worth spending more time on.

All this to say, my base case is that right now rates are the lowest they've been in almost a year and it's more of a gamble to wait and see what the Fed does than to take what we have now.

I had a feeling since anything can go wrong with a property and id be stuck spending money fixing it.

so I can spend more time with my wife and newborn along with travel, challenging myself, and become the largest investor in my area.

It's updated yearly and is the best $40 you'll spend as a Landlord.