Trust me.Set the Tone Early: Respect is KeyAs an introvert, I hate conflict.

However, I do rely on my trusted network of local professionals for different parts of the process.

Despite the program's claims of providing exceptional training and support, my experience with Kristin has been far from satisfactory.First and foremost, I find it necessary to address the issue of non-payment.

And make sure you live in that 1st house so you're close to and can address problems as soon as they appear. 

FINAL THOUGHTS 💭Trust your instinctsValue experience over charmPrioritize competence over costDocument everythingDrop questions below!

For what it's worth, this condo is technically owned by the the trust established by my Self Directed IRA.Thanks!

I would target a 2.5x equity multiple and 8% cash on cash return, but I would focus mainly on the operators and try to figure out if I believe in the team and vision, and really try to understand if I trust them or not.

Would that be, for example, if the PM says, "I manage a duplex for John Smith in Turlock," then I call John as a reference, ask John a few questions, and then ask John the address of his duplex so I can later look it up on the county website and verify if he is the owner?

Personally, after working with numerous property managers in Las Vegas, I only trust two to handle this task for my properties.Compliance Is ComplicatedProperty management involves navigating a maze of city, state, and federal regulations.

Legal Entity Considerations: Should I hold my rental properties in an LLC or trust for liability and tax benefits, or does it not make a difference for me?