Setting clear expectations upfront with a detailed lease agreement is a must.Consider Property Management: If managing the property starts feeling overwhelming, consider hiring a property management company, even if just for the rented units.

If things don't go as expected, an eviction is quicker and less expensive than a foreclosure.

I'm not familiar with the Kansas market, but house-hacking would work well in SE PDX as long as your cash flow expectations are low.Chris

It is called in-vesting for a reason, expecting cash to flow out, if you don't have much to put in is just not going to work.

450+ deals...that's what I was expecting you to say! 

Assuming all holding periods are met under the liquid exchange, an investor may be able to sell a smaller portion of the partnership ownership during years where they would expect a low tax bill. 

And they talk with a real estate agent so they are confident in what to expect with the ARV.  

@Andre BrockRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

@Lydia T. would love to hear more about your group and get connected with the agent you mentioned as well.

It clicked then why the interest rate was so high (8.4%) and why closing costs were higher than expected.