Keep us informed and I’m rooting for ya!

Hi Jennie,My client NW Roots Construction is one of the preferred builders in Suncadia.

All of my family live in Texas, and my aging parents just moved to Sulfur Springs outside Dallas, so this new venture is both a great opportunity to jump into the DFW real estate market, and to set down roots closer to home.BP has been super helpful already with the many tools, articles, and forums to learn from!

I went back to look at the data on how many homes were built from 2000 to 2019. I also looked at other data that is either adding or subtracting to the US population growth and looked at owner occupied homeowners and...

You need to find out the root cause of what happened, did the utilities get shut off, if so was it before or after the PM was there. 

., maintenance, utilities, property management fees) for clarity and organization.Utilize Digital Expense Tracking Tools:Implement specialized property management software to streamline expense tracking.Leverage cloud-based platforms for real-time access to financial data and collaboration with stakeholders.Capture and Document All Expenses:Develop a systematic process for capturing and documenting all property-related expenses.Keep digital or physical receipts organized and easily accessible for auditing and reporting purposes.Implement a Purchase Order System:Introduce a purchase order system to authorize and track expenditures.Ensure that all expenses align with budgetary constraints and are pre-approved to avoid surprises.Regularly Reconcile Bank Statements:Reconcile bank statements monthly to verify that recorded expenses match actual transactions.Promptly address any discrepancies and investigate the root causes to maintain financial accuracy.Track Capital Expenses vs.

Personally, I would keep the home, get some high quality tenants, and try to find the root of the issues.

I have roots in Michigan, so it made sense from that perspective.Generally though you want to invest where it makes the most sense.

I'm not sure they address the root cause of Tulum's recent problems. 

.🌟 But if you dig down to the root of why most folks are here on BiggerPockets, the primary reason for 95% of us AT FIRST is because we want to achieve financial freedom.⛓️ No more "requesting time off".No more 40hr+ work weeks.No more having someone else dictate your schedule, dress code, or location.FREEDOM.🤩 Investing in inexpensive, cashflowing 4plexes in the Midwest helped me to achieve financial freedom just TWO YEARS out of college