Here's an ideal PM contract: The two keys are: The PM is incentivized to make you money, not charge high fees, and is contractually bound to provide reporting that you can understand in a timely manner. 

Thanks Chris but loan will be in the individual state LLC not on the Wyoming one.

Starting local offers hands-on experience and control, ideal for learning the ropes, while out-of-state investments can provide better returns but require a reliable property manager.

I highly encourage everyone to view the property before putting money down, but that's not ideal for many of them, so I do allow them to rent "sight unseen," but I am very open with them to ensure they don't show up and back out.1.

Yes you partner with them on the individual deal but you get the reps in to become better at watching a deal from start to finish. 

Hey @Zach Howard,Happy to connect with you and put you in touch with some solid individuals in Augusta, GA.

Not Understanding “Household”Household means “the individuals living together and how they live together.”

My sister and I have done all the leg work in finding where the 2 individuals lived at. 

Quote from @Andrew Betts: A single family home with a pool near Disney would be ideal, however there are around 70,000 of those available.

We hear less BPRE episodes featuring individual investors, and it missing the breadth of STR and LTR knowledge that David Green and Rob brought into the discussion with the guests.