There is a difference between profit and loss and cash.2.Each investment is reviewed independently from profit and losss, as you make more you can have greater down payment but the profit from it is always based on what you paid/have into it.

Like many (most) businesses it requires an investment of capital; money expenditure for ongoing marketing; management of operating, marketing and professional personnel; keeping accounting records and filing tax returns; established sales practices; constant monitoring of goals, budgets, and productivity; establishment and implementation of operational systems; and providing customer service.  

Turned it from a side hustle of flipping and renovating properties to owning and running a custom home building company.

However, we also want to make sure we start off strong with a seasoned PM and then possibly take over in a year (but reviews may not transfer?).  

Hi Kevin, I would recommend looking at reviews, online presence, and responsivness .

I wasn't able to reach them, and want to get permission to share but here is the closed listing link and they did leave me a review. https://www.zillow.com/homedetails/31968-Shanks-Ln-Arch-Cape...

Save some money and ask a law student in a university to review.

A 1-star review!  

Well, I list a few reasons:  great teaching style, comprehensive beginning to end explanation, excellent customer service, live-time reviewing of training, a 40K forum. 

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.