Quick question: What’s been your biggest challenge when managing smaller multifamily properties?

Any general advice is much appreciated.50k is more than enough money, the biggest question at 22 is are you ready to buy a property and be kind of locked in for 3-5 years.

To me the biggest takeaway is that as real estate professionals, we always talk about location, location, location.

But letting minor issues slide was my biggest mistake.

What I'm trying to say is that going up to 1.5-2 hours outside of even the biggest cities, there are pockets of affordable towns/cities with at least positive cash flow (although its never been harder to find than right now, I've been waiting for 3 years for the market to make sense before buying again). 

The one thing I do not like is that you cannot serve him personally which is for me the biggest hurdle.

I like option 2 to diversify the investments in 3 smaller rental propertires, 3/2 around 1500 sqft, in good school districts which will open the biggest pool of tenants. 

The biggest investment you will make in real estate is your education.

It means your house might be your biggest financial asset — and it could open up some exciting opportunities for your future.

I think one of the biggest analysis paralysis thoughts is on landlord- or tenant-friendly areas.