Managing rentals isn’t for everyone, especially after dealing with bad tenants, challenging property managers, and increasing costs.

Looks like I need to talk to my accountant, but I was hoping to have this squared away before talking to him.I realize I also have this problem with my property manager.

I bring to the table my full expertise in project management, construction, and deal sourcing, along with the knowledge I’ve gained working tirelessly in this industry over the past 3 years.My vision is to dedicate the next 10-15 years to real estate development, growing projects that generate significant returns while delivering exceptional results.If you’re interested in learning more, I’d love to discuss how we can collaborate.

  (700+ properties yielding 600K is less than 1K/property before expenses)   Lastly,  many property management companies refuse to manage S8 housing for the above reasons so good luck. 

What you need to learn in your 20s is how professional business works, how to manage people and projects, how to run an organization and how to sell ideas and concepts.

Quote from @Bruce Woodruff: Well, no one else has mentioned it, so I will......what about the current LA fires and the ongoing mis-managment of the forest and brush?

I’m an investor and the owner of a property management company based in Kokomo, with portfolios extending into the Indianapolis area.

You don’t need anyone to hold or manage your SD 401(k) plan.

I went in one day and manager asked if I would be interested in buying a shell that was in default.

We managed to bring the property down in price, overcome objections, and navigate the eviction battle, and in the end, it paid off.The key takeaway here is that if you’re a true cash buyer who can work with private lenders, you can survive long, drawn-out processes like this.