Hi All,I'm a real estate newbie (for now), but thinking of interviewing  various property managers in investment markets of interest to start building the teams in preparation for that first deal..I'm sure there is a list of property management interview questions posted somewhere on here, so my question is about your interview experiences.What are some things that came up in interviews that my not be typically discussed in a regular interview script.What interview answers were red flags that you wish you had caught or noticed before signing an PM agreement?

Consider those other 3 benefits that Rick listed above and also consider: 1) Paying less than you would renting2) Hands on investing education3) Preparation for your second property, and your third property etc. 

As you're preparing to search for a rental property, my advice would be to lock in your financials so when a great deal comes your way you're ready to strike! 

I am preparing the lease using BP California Lease.

Beyond its global fast-food empire, McDonald's strategic approach to real estate ownership and management has been a cornerstone of its enduring profitability.

Any favorite house hacking books or books you feel prepared you for house hacking?

(Note there are instances where the above generalization doesn’t hold and an attorney is best to explain this to you)There are costs to create each LLC (even if it’s a series) and you will need to prepare and file taxes for each LLC.

Thank you for your reply that gives me a lot of food for thought!

I would strongly recommend having a real estate-focused accountant look at your situation and prepare your taxes for you, as you are now treading into complicated waters where you can get yourself into trouble if your not careful!  

Hi @Mike Paolucci,I am local to Columbus and preparing foundation for investing at the moment.What has been your experience with short term rentals in Columbus and which neighborhoods are doing well?