You can create custom apps that will allow you to track, keep notes, set workflows, bulk import date, export data, filter and even make an online data entry sheet that you can implement into a web page for virtual assistant data entry.The site does so much that the options are virtually limitless. 

Yes IMO it's a long term mistake AND it takes extra effort to implement it too.

I believe an FHA loan requires you occupy the property for at least 12 months. while you need to double check this, if accurate, it means at month 13 you could buy another place, FHA insured at 5% down, and pick up a second property. that is a strategy you could implement over a number of years if the math works. as for a multi-fam that allows you occupy one unit, vs. single fam house or even condo, it just comes down to math. there is nothing wrong with having a friend or random occupant rent a bedroom from you, as long as the rent reflects fair market value (so I don't agree that charging a friend rent "could strain the relationship" - unless you're over charging of course). beyond all that, it is absolutely critical, obviously, that you screen your tenant / roommate rigorously - and living with "friends" isn't always a good idea. create an excel spreadsheet of these three verticals, any others I may have missed, with math predicated on what your local market reflects and feedback from lenders and see what it looks like. 

You could implement new tenant rules that ban whatever behavior he is accused of doing, then serve him notice that he's broken the rules (following state law), if he doesn't correct, you move to evict.

BC started to implement 10k a day fines for vacant properties by I am sure foreign investors according to my wife.

Read as much as you can about property management and implement one idea at a time. 

It is extremely difficult to do the BRRRR strategy with turn key providers.But if you find the right team (e.g. realtor, contractor etc) in a stable market, you could potentially implement this strategy. 

I had a great time and learned some new tips which I plan on implementing myself. (3 - 4 different paralegas lol) Lets get it!

Get your house in order and then implement your plan(s) to invest in real estate.

Hi @James Defazio, The issue that you pointed out regarding the Reverse 1031 Exchange transaction is always one of the complications when trying to implement a Reverse 1031 Exchange.You can absolutely make an offer, enter into a contract and begin going through the closing process – as long as you do not actually close – on your Replacement Property.