Everything that I expected starting out, learning to screen, applications, blah, blah, blah..1st yr and a half had to do an eviction went smooth, got another tenant 2 months in left the state and just disappeared left all there stuff behind..

She knows the ins and outs so that you will have a smooth closing.

If you go upwards of $200k you can end up in a quad or 6 unit apartment building.Whichever out of state market you choose it's important that you do a few things to ensure it's as smooth as possible.

We'd love to meet new folks in the area and would be open to partnering on deals to continue the learning curve, particularly in the small multi-family rental space (easy access to PATH/mass transit).Looking forward to sharing our experiences and connecting with you.Best,Nick Senter

Great prices and rent, but lots of transitioning happening in the city at all times.As for finding a management company you can trust, this can be troublesome.

But overrall it went smoothly so it remains to be seen whether they'll stay come April or if there is any fallout from the neighborhood.But thanks to everyone here i was prepared to have that conversation when the opportunity arose.

However as the markets for rentals in California started to become less and less attractive (CAP rates below 6) I started to transition to flips to build up cash and reduce my long-term exposure to buy/holds that might not make as much sense if the rental markets turn and rates move up.

On my second deal with auction.com it went super smooth, got amazing deal.

Obviously I could just divide my yearly PL by 12...lolBut that would smooth out all the numbers.

Mike at flows.com was extremely knowledgable and helped me pick out a solution with meters that let me use the cheaper wired remotes for each submeter now and will still allow me to transition to the gateway solution later.