Luckily for me, my cost of living is extremely low right now so I can save almost all of my commissions.

The paperwork to get them setup almost always meant my first rent check from agency would be about 45 days after lease start, so you need to float that.Tenants always paid with Money Order or cash, both required an actual visit to bank versus standard check that could be mobile deposited or ACH.Neutral:My tenants were not "light" on the property, but generally not overly hard either.  

If it were me, I would start with an agent and then look for an inspector who might do a "light" inspection for a fee.Matt

That said, if I was retired, in a relatively low income tax bracket, or a real estate professional able to offset my commission income and interest income from PML with major cost-segregation, and wanted some spendable liquidity after a career in investing - PML all the way. 

Costs were low and revenue was high. 

If you want cashflow.. look for markets with low entry prices and higher rent averages.

Many are either low or no cost to attend. 

New Introduction from Charleston SCLooking forward to making connections and contributing to the discussion. Veteran Opportunities, Multi Family Units, Commercial Properties and Coastal Living are of great interest to...

As an LP myself, who will likely get flushed on a deal with a syndicator, I believe that this industry needs a bright light shined on as many operators and capital raisers as possible.

Low, middle or upper income?