I mean I did a ton of foreclosure rescue in my day so ia m not trying to be a hypocrite . 

Buying a large new build home can also work well as a house hack as you can charge a premium rent, and generally most bedrooms built now a days have en suites (at least in my market).  

I bought my first rental in June of 2024 and have had a tenant that has been making late payments since day 1.

Cash for keys is definitely the best way to get people out in the day when I was very active at court houses steps cash for keys was by far the best way to get folks to move and bad tenants in a state with bad eviction laws to me would be the preferred method. you simply pay them when they are leaving the house not before.. that works fine and you give them more than 1k .. you make it worth their while..

they perform a service and are compensated.not trying to be critical, just trying to protect you as you get started.

I don't trust them and it so much more reliable to take a few minutes and look at your real competition to set pricing. 

Hey Deirdre,To address your questions:Providing freedom by handling day-to-day operations.Offering peace of mind through proactive maintenance and tenant communication.Reducing risks by staying ahead of legal requirements, tenant screening, and dispute resolution.Enhancing the bottom line by identifying cost-saving opportunities while ensuring tenant satisfaction to reduce turnover.Is the experience still important when the property thrives financially?

Hi Nick, welcome to the community!

I know a young lady that just did that in my market, so she was licensed just days after her birthday.What are you planning to do with the license?

Newbies create a lot of different issues, however.You are probably not going to be able to use Fannie Mae as a contingency.