Plus, there are upfront costs to consider, like furnishing your condo and any expenses tied to managing it as a rental.As for refinancing, it might not be the right time with interest rates where they are.

Do you plan to manage yourself or will you be hiring a property manager? 

I am researching a project and doing an extensive property visit next month on a project that yields well over six figure in revenue. 

However, this allowed me to gain initial experience and confidence without being overwhelmed by managing multiple platforms simultaneously.

Hi all,I'm looking for recommendations for a property manager for my 8-unit apartment building in Cullman, AL.

Their company is pretty great at not responding to their communities people , not following local law yet alone their own lease agreements The uptick of lot rents I get it it’s business but also driving out affordability for people which again it’s a business so some may say that part is just the territory , but not following lease agreements , hiring poor management and then doing nothing about it when it’s escalated is a reflection on their business aswell   best of luck. 

But what I will say is that he is a disastrous relationship manager.

For real estate investors, that means lower operational costs for managing properties and cheaper construction expenses.

Property Manager – This is another one I really need help from the bigger pockets community in the local area.

This will save you time and effort, as you won’t have to travel long distances to manage different properties or handle tenant issues.For your first investment, I suggest starting with 2-4 unit properties.