@Andrew Rodriguez this could be a great learning experience!

Thanks for sharing this question here, it's a great one that I get all the time.

Some questions for the people with experience: What are some basic landlord problems I will most likely run into?

After reading Brandon and Brian's book, The Multifamily Millionaire, Volume II: Create Generational Wealth by Investing in Large Multifamily Real Estate, I'm a bit puzzled as to if the GP's must have real estate experience, or if someone can connect enough professionals/companies on their team to execute successful investments.

I’d love to hear your thoughts, advice, or any experiences you’ve had with similar situations.

Key Check gave me credit and debt load, which was surprising, as most other methods people don't share.

What I can share is that the risk-reward will not be worth it as a 'newbie' due to your limited capital and inability to actively manage your properties. 

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Gentrification opportunities, As gentrification continues in certain parts of the city, early investors in these up-and-coming areas may see substantial returns on their investments.I would love to know what people think about investing in the Philadelphia area and if you are an investor, i'd love to connect to hear your thoughts and experiences.

If so, how was your experience?