Monitor and OptimizeEvaluate Performance: Regularly assess the performance of your investments against your goals.Adjust Strategies: Adapt your strategies based on market conditions and lessons learned from previous investments.9.

If there were losses, it may give you info on a problem that will reoccur.  

Keep up with local foreclosure auction schedules and market trends, regularly watching auctions and monitoring pre-foreclosure listings to identify potential deals early.

Make sure you have the right resources before diving into out-of-state investing, since you won't be able to monitor your rentals in person.

Again, I'll report.And I'll hope John Della Bella is still monitoring this thread!

It will be MORE work for a PMC to allow you to collect rents, but monitor tenant payments to chase nonpaying tenants.

The farther you are from home the more time it will take to get your team, manage them, and monitor.  

Once it’s in their fold, they seldom monitor price, or respond to reviews, etc. if things are operational they consider that “good enough”. 

I think it depends on your property as to where you put them, but we are thinking of either using a Ring or something near the front door to just monitor number of guests.

Keep monitoring the market and working closely with your property manager for the best strategy.