Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

I think there is enough information online that another course isn't going to move the needle on getting involved with a MF property or not.

Things they did bad which I wish I had asked more information about:Never involved in the screening of tenantsThey recommended keys for cash by waiving the rent amount buy only collecting fees which they would get not meThe cost to evict is 750-950 yet other companies told me they will include eviction in the priceThe tenant didnt pay in full last month and I was the one calling out to them and asking questions then a few days later I get an email saying something happened with the tenant and they are investigating.You get passed from person to person every week or so.No one told me when the construction was complete and so the house was ready for a week and the post to zillow and other sites was not done.It took them another week to take pictures and then another week to upload it.I was paying 200 dollar a month electric bills while the house was vacant because they left the AC running in the empty property.

@Polat Caglayan The majority of investors who become involved in the section 8 program do so because they purchase lousy real estate and leasing the units to section 8 tenants is the best option on the table.

Then there were some issues with the inspection report that ruined 3 contracts prior to me getting involved.

And lastly, market risks and mismanaged funds can also create major headaches, especially for those involved in lending groups.

.- Management from the company that was involved in the rehab and knows the property will be managing the property for continuity and accountability.- That management company has vetted possible tenants through their professional screening process and have selected the most qualified tenant for the property.- The management company offers a hands-off approach including coordinating and managing repairs, getting the property rent ready after a move out and placing a tenant from a pool of applicants that may be waiting for a property to be ready.

There are a plethora of CT based real estate Invetsor meet ups you should get involved with.

I'm feeling that I am being milked and preparing to get my attorney involved if we don't settle this soon.

Converting your condo into an investment property and transferring it into an LLC is a smart move for liability protection.You’re correct that retitling the property involves Chicago’s transfer tax, which can be substantial.