By adopting the house-hacking method—living in one unit while renting out the others—we plan for the tenants to cover the mortgage and gain valuable property management experience.

In his experience, Memphis’s higher-than-typical rent-to-price ratio sounded great in theory, but property management turned out to be a huge factor-especially if you’re not local.

Separate it from property management and make it the MVP.

I told everyone about it for three months, then one day, an agent came to me with exactly what I was looking for and it was one of my best investments.Spend some time learning to manage well.

It's a nice place but in a small town it can be tough to find a good property manager.

Negotiating seller concessions, networking with local investors, and learning property management skills have been key to finding deals with strong long-term potential.Good luck!

They can offer tailored strategies to help manage your rentals and carpentry business effectively.

Quote from @Tom Pappas: As a former CPA and attorney who managed a distressed property investment fund, I've analyzed countless real estate opportunities.

Today is very different as it is all about the management (and not appreciation) compared to past where management could suck but you still had superior apprecation.This will not crash housing of course but all those "creative" deals where people are paying more than market value are going to realize they have no exit. 

Now I own a thriving property management business, run a real estate team helping other investors learn how to grow and scale their portfolios, I have my own modest investment portfolio and have two development projects going at the moment.