From there, you have to decide whether you want to be a landlord or hire a property manager.

There are online platforms like Rentable.com that will handle opening the correct accounts / all compliance tasks related to managing deposits 

Just make sure the management part is taken care of.

That means creating a clear budget, forecasting cash flow, and maintaining a detailed financial model that tracks both the current and future performance of your portfolio.Tax Optimization & Risk ManagementBeyond financial clarity, strategic tax planning and risk management are essential to safeguard and grow your real estate investments.

I liked Ron’s 20+ year asset/construction management and investment background.

My wife and I come from a manufacturing leadership and project management background. 

Hey all,I’ve been diving into options for software to help streamline real estate rehab and construction project management.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

My excess cash flow per year is around $300k in cash, meaning theoretically I could do 6 deals, but in order to make that salary (HHI $722k) I need someone with the time to do the repairs and manage the tenants.

Get a job in property management.