As a property manager, it's crucial to understand the nuances of these fraudulent practices, recognize the signs, and implement strategies to mitigate risks effectively.Understanding Rental Application FraudRental application fraud occurs when a prospective tenant provides false information on their rental application in an attempt to secure a lease.

Seems like a low risk strategy for you to start taking action on your dreams, which is the crucial ingredient towards reaching FI. 

If you ever want to discuss strategies, share experiences, or need additional resources, feel free to reach out.

What is your strategy in doing so? 

Here’s a deeper dive into what’s shaping rental trends:Would love to hear your strategies and perspectives, especially if you’re active in the Columbus market!

I wouldn’t think if this is your first property that a rent by the room strategy would be the best starting point.

It doesn't sound like that has happened here because you keep saying you want to transfer it etc...essentially you want to give them the property, because right now today they do not own it and have not completed AP...you're doing their job for them. 

The classic BRRRR strategy could work great here.

Part of my issue was not having a reasonably priced handyman ahead of time and eventually overpaying to just get it done and also inexperience as a manager.With that said, you essentially have two options: very cheap properties in less good areas (you're looking at 100k or less--which you might have trouble getting a good lender for)  or trying to do some sort of house hack (e.g. live in flip, live in rent by the room, multifamily) where you budget will be closer to 200k-300k.Personally, I would not look at real estate until you are maxing out your 401k and IRA, but lots of folks have done significantly better with real estate than stocks and would think I'm crazy for suggesting this.

What is the best strategy to leverage this for my goal?