With hardwork and ceasing opportunities we've managed to be part of this major asset and making it even better.

With hardwork and ceasing opportunities we've managed to be part of this major asset and making it even better.

Tough to answer due to so many feelings about risk tolerances and what other investments could be making you as a ROI.I feel leverage of real estate is the real strength of this asset.  

WARNING: if you do not prepare for this, you can enter a death spiral: deteriorating properties lead to lower rents, worse tenants, more wear and tear, even less cash flow to fund repairs and ultimately erode asset value.I do not mean to rain on your parade, hopefully, this is a helpful long term perspective. 

Typically a few types of PMs out thereThe individual agent, little to no staffThe PM company that's a set it and forget it, glorified rent collectorThe PM company that's a true partnerI would on top of the suggestions abovesearch for a PM that owns their own portfolio tooThey treat your asset like they treat their own portfolio- There should be a full staff and readily available to answer the phone1.

With hardwork and ceasing opportunities we've managed to be part of this major asset and making it even better.

. $120k out of pocket money down to obtain the funds.Huuuh???

Consider offloading an underperformer, or a high equity property and getting better, larger or more assets.

No maintenance/cap ex, vacancy, PM, book keeping, asset protection, miscellaneous, etc.his actual cash flow when properly allocating for sustained expenses is a fraction of his advertised cash flow.  

It took about 5 years for my assets to start covering my expenses.