If your property management company is good and has built an internal maintenance team which has set rates and had strong relationship relationships with licensed contractor which should keep costs in control, you should never need to shop contractors on your own I wouldn't think.So in short, our policy is give us your preferred contractors upfront if you have them, but then we work all tickets to resolution including dispatch, and payment of invoices.This is of course for operational expenses.  

Quote from @Peter Sosnow: @Greg P.Im not a coach, but I built a portfolio of mostly small MF and would be pleased to connect and discuss.  

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

Once you’ve built some confidence and systems, you can start exploring additional markets.I personally focus on 2 markets that are about 20 mile radius.Make sure the market(s) you choose align with your investing goals, whether that’s cash flow, appreciation, or both.

When we built up the triplex, we set it up so that each of the 11 rooms can be rented out individually (all BR, except 2, have their own bathroom behind an electronically locked door).

There are not a lot of comps and sales as of now but more are being built so time will tell with your ROE.

@Frankie Paterno In most places you will likely find that your $1.2MM will go much further with existing built as opposed to developing.

I'm not saying that Brandon didn't do the work - he certainly built a substantial portfolio.

BP has built a great selection, all of them worth reading and that will help you build foundational knowledge.To answer this one: the words from old school investor Dolf De Roos "seldom sell" and you will find a lot of post on BP from people who regret selling properties in the past.

WOW.. 40k plus deposits on a home to be built.. ???