Or would you just use the cash flow from your old unit to make up difference?

He refused and simply said that I could conduct research about Eric Spofford online if I wanted to keep thinking about this.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Not only will it possibly save you a little money, you'll develop skills and figure out the nuances of real estate investing that you can't learn from a computer.Out of curiosity, what type of properties are you looking to add to your portfolio?

Quote from @John Fleming: I don't have any personal recommendations, but something below may help you in the search.Start by going to www.narpm.org to search their directory of managers.

@Michael Challenger I scraped all the cash I could find and borrowed from family.

From my experience the first team member to recruit will be a local Project Manager-someone who wants to help you long term as your eyes in the field and boots on the ground. 

Instead of learning through trial and error, you learn from someone else’s mistakes.

There's no step by step guide but there are key things : Learn: RE strategies, what interests you, what do people in your area need.Connect: find a mentor, accountability group and be around those doing what you want to do.Help: solve problems- do people need dealflow, property mgmt, construction expertise, etc. 

Hello, Am an older investor seeking help.