Basically, flip partnerships suck unless you spend a long time being clear about the roles and payouts, etc.

I’m in the process of managing 18 units and have a full-time job.

Try interviewing at least three managers.1.

Partnering with your sister’s wholesale business or working in a real estate-related role can also give you valuable hands-on experience.

@Dwight HenningRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Try interviewing at least three managers.1.

Meeting a 20% down payment to avoid PMI seems manageable, although would take a big chunk of my liquid net worth, and I prefer this route over using an FHA loan.

Contractors play such a huge role in real estate projects.

One of the most important steps you can take as either a startup landlord or seasoned one is to use a platform specific to property management as it will elevate your operation and save you tons of time.The good news is that nearly every software designed for landlords includes these features.

Try interviewing at least three managers.1.