Pick 2-4 locations, get no more than about 6 deep in any but no less than 2 deep.

It’s worth researching to see if this might be a good fit for your situation.Lease Structure and Clauses: Work with an attorney to draft a lease with strong clauses for late fees, maintenance responsibilities, and other terms to protect your interests.Target Stable Tenant Profiles: While no tenant is risk-free, targeting tenant pools that historically have more stability (e.g., retirees, dual-income households, or tenants relocating for work) may reduce risk.Stay Up to Date on Landlord-Tenant Laws: Understanding your rights and obligations can help you navigate issues more effectively if they arise.That said, if the potential risks are keeping you up at night and the financial pressure of an eviction would be too much, selling may still be the best option for peace of mind.

He is no longer responsible for insurance, maintenance, or dealing with the realities of renters. 

My biggest piece of advice is the early you start treating it like a business, the faster and more smoothly you will be able to scale. 

out of 100 HML maybe 5 do new builds.. and zero will do loans for someone with no experience so that is going to be the key if you have experience or not.. if not they then like to see an experienced GC on your team. 

However, if single-family homes prove financially viable, I’m happy to continue building in that niche.Since these homes and projects are significantly cheaper than my market, the risk is relatively lower for me and can do at least two at a time.The ChallengeOne of the biggest hurdles is finding reliable contractors and subcontractors in the area.

I have five houses in Memphis area, and the biggest problem has been finding a good property management company. 

Rather than getting a wholesale fee or commission, the student got his name on the deal with no debt.

There were no bad reviews for the company they mentioned.

No thanks!