Self management works if you are local and can separate emotion from business.

Structurally, the property is in pretty good shape EXCEPT one problem that I cannot properly assess: the plumbing will not hold pressure.

But you may check if you have to right to object to certain title or survey matters.

Also when you are under contract and get condo docs, make sure to read the meeting minutes (for the past year if available) they will indicate if there are any talks of an upcoming special assessment (which you don't want).

Novice investor here. Would anyone have a good fix and flip spreadsheet they could point me to?

If you seem like you are just gathering information to self-manage than they will likely blow you off.

I am looking to speak to some people that are knowledgeable about the self-storage market in the Memphis area. 

Here's why:The Multi-State Chess Game:• Client had properties in 3 states• Each state has different deadlines to assess taxes• Federal changes trigger automatic state assessments• Timing the response saved $45K in state taxes🏠 Real Estate Investor Pro Tip:States can't assess back taxes if their statute of limitations expires before federal changes finalize.

Quote from @Alan Mills: Got an inspection objection back with something I’ve not seen on my other rehab’s (this is a Colorado property):“The seller agrees to have a licensed plumber install external sewer cleanouts per city code and scope the sewer line ensuring its integrity.”This was a full interior/gut rehab and almost everything is brand new.

As both a real estate professional and property owner, I bring a unique perspective to the investment landscape in our growing metroplex.My Investment Focus:- Rental property acquisition and optimization- Value-add opportunities in emerging DFW submarkets- Long-term wealth building through real estate- Professional property management and tenant retentionWhat Sets Me Apart:- Dual expertise as realtor and investor provides enhanced market insights- Faith-based approach to business relationships- Strong commitment to property management excellence- Focus on win-win scenarios for investors and tenantsCurrent Objectives:1.