I took over from the Founder in 2017 when he sold the business and stepped away.

Hey Ryley, Welcome to BP and taking the first step to RE investing!

So if his focus was just for that, to avoid legal issues he could have done that far FAR easier by simply stepping away and chillaxin into the sunset. 

Remember to mitigate your risk at every step that you can.  

What if I were to tell you the Investor A triplex was sold two years later for a $100K profit whereas Investor B is run down and exhausted from managing their four "C" neighborhood single family homes and when investor B goes to sell,  they can only attract break even offers because the only buyers who would step to the plate were investors who were not willing to pay retail with so much distressed opportunity available in the "C" neighborhood due to limited barriers of entry. 

Alas - I learned every step of the way about ordering materials, working with contractors, scheduling, insurance issues, etc.

Help BP! Any advice would be helpful here! I am a current house hacker in the northern NJ area in a multifamily home. I am hoping to house hack again either in the same town or one closer to where I work. From a capit...

I feel confident in property management, so I am ready to move to a different niche, what should my next step be?

Experience with STRs - they at least know or can understand the extra steps it takes to make ready the properties, including photos (cleaners hate taking photos, I've found, even though it protects them from being blamed)2.

Bernard Parish -- anyone have any luck finding someone to step in?