Have been talking about getting into real estate investing for the last 2-3 years and finally pulled the trigger on a 3 unit house hack in Soulard that will be closing later this month and will be self-managing the property.I'm trying to network a bit with other investors, build a solid team of contractors / handymen, and set my systems up in way to scale, but also so my tenants have a good experience.

Thank you Alan, My mind is made up.

You should look to link up with investors in those areas and get some feedback on the good, bad, and ugly. 

@Kristian Forbes Sounds good, same to you if you're ever up in the St.

When a PM does charge a markup, he's usually getting a discount on the service to keep the cost stable.

By carefully managing the scope and cost of renovations, you can maximize the return on your investment.3.

I talk to so many people who regret not getting a PM up front because they are having problems or high eviction rates doing it alone.

I have been able to scale up to 12 doors in 2 years so definitely recommend this area.

I'd have to see your overall layouts but I think you are on the right track. we build 3 story stacked triplexes and it's very efficient so don't be afraid to go up either. anytime you build more than 1 structure costs are much higher but if its just to offset mortgage and you want to be separate then I understand. 

I am set to close on it in about two weeks and am slightly nervous about finding a tenant in a good amount of time, given that there are a lot of similar new constructions in the same community that are up for rent but have been sitting on the market for 30-70+ days.