At the end of the day PM services are generally regarded as a loss leader for vertically integrated real estate companies that choose to self perform this task.

Any recommendations on a software that helps your team keep track of multiple flips/BRRRR's, scheduling, tasks, punch lists, etc.?

Not a simple task as HDC suggests.I have written every lawmaker I could to amend this ordinance, I urge all to do the same.

I have a property now, but have a unique situation.

We'd be incredibly grateful for the chance to pick your brain and learn from your experience.Here's how we can provide value:We're dedicated and eager to learn.We're happy to assist with research, analysis, or any tasks that might benefit you.We bring a fresh perspective and a willingness to hustle!

That's where big empty fields are that are not always maintained, and some unique dry conditions. 

Your feedback make sense.1) I am in the North east so buying more doors is an arduous task so I don't plan to be a RE investor with many doors (because I won't have enough money).2) Other reason is that even if I somehow got another rental, chances of making positive cashflow given current prices/interest rates is remote (especially given I am not a seasoned RE investor).3) I don't have an urgent need for money.Given these three points, I don't know what passive profits would I apply my rental loss of $26K against...unless you can think of a way I can use this loss to ease my way into an additional rental.Else, I agree, I can hold onto the rental for as long as I need to and then sell and use the loss then.Thanks for the guidance!

Hey Elton, Detroit is a unique beast for sure!

Avoid urban cities and target vacation destinations/national parks.A lot of successful people are keeping their hot markets on the down low.I would focus on an area that has demand and has a good outlook for continuing to increase demand, and then try to find good deals in that market and trying to create something very unique.

I have a unique situation where investment in real estate might post challenges, primarily in the financing sphere.