We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

They were expensive, did not cover everything and had high deductibles and always had to fight with them.

Communication with tenants can be done through Google Voice or WhatsApp, and Proper Insurance covers both property and liability.Good luck!

Agree to a lease that allows you to cancel the lease with minimal notice the moment anything goes wrong.Ask for references and contact themSide note: make sure you can actually get insurance to cover you under this scenario before agreeing to it.

Lender mentioned that max seller concessions that can be covered towards closing is 2% of purchase price. 

Things we'll cover: 1.

It all comes down to creating equity as fast and safely as you can, and covering the operations (cash flow).If a fourplex has more opportunity, great, if it's a duplex great.

While I appreciate growing a business, as you note, the existing LPs likely don't care about how much you are out of pocket for marketing your next fund, they want to make sure their current deal stays afloat, and sometimes that means chipping in GP money into the deal, or having reserves to cover expenses when you need to fire a manager or regional team that isn't performing.You raise through Funds.  

@Raj Balakrishnan so if you read the fine print say on smartmove  you will see the states it does not cover.

., single-family homes, multi-family units) to diversify my investments.10.Focus on Cash Flow: I’ll prioritize properties that generate consistent positive cash flow, ensuring that rental income covers all expenses, including mortgage payments, maintenance, and management fees.11.Long-Term Hold: I’ll hold properties long-term to benefit from appreciation and tax advantages.