The west coast, especially Seattle area is very expensive.

We are both from Vancouver BC, which is obviously way too expensive to invest in.

We many a handful of them for our clients, and the combined rental income covers their expenses.

I visited Franklin and Brentwood, Tennessee more than 10 years ago - really nice suburbs but expensive now.  

Investing out of state is cheaper for the purchase if you live in an expensive market, but when you have to rely on someone else to do everything that obviously adds some cost. 3.

I use all of the services above, but the Expense Tracking service, also free, is an invaluable resource for my property management.

As a new landlord, familiarize yourself with tenant laws and have a solid lease and screening process in place to protect yourself.Be prepared for maintenance expenses by setting aside funds, and if managing the property feels overwhelming, consider hiring a property manager to handle day-to-day tasks.

That said, expect to deal with a fair amount of fluff leads.The two best strategies I’ve found are inbound methods: direct mail and Google Ads.Direct mail can be expensive, but it can also yield highly discounted properties.Google Ads, on the other hand, doesn’t require data extraction like calls, direct mail, or texting.

Baselane is easy enough to use that I can do it myself so I'm now saving by not paying those expenses and I prefer to be more hands on anyway so I have a better understanding of my expenses and profitability. 

Or simply to help the other LLC pay for expenses?