Do you want to be more of a passive investor or active investor or somewhere in the middle?

Good Morning,I am a former Claims Specialist with the Social Security Administration and currently unemployed homeowner who is looking for guidance on how to gain property management experience here in the Central Coast of California.My wife is the only one working at the moment, so times are tough to say the least.We're looking to rent out a portion of our home in order to save up enough money to purchase our second home (or multi-family unit), rent that out, and begin to expand our portfolio. 

Quote from @Martin Streich: If it is in the middle of the contract term, you either have to terminate it and rewrite a contract, including the other tenant or wait until the contract is done and add the new tenant to the contract on the next lease.

All end buyers can see it on the market now and can buy it direct so what would the point be of you locking it up on assignment and then asking people to come back and buy it when they already could have bought it without paying you spread in the middle.

I'm a guy approaching middle-age, living in Chicago.

@Mark F. chad good morning. what did AHP do .. were they buying defaulted paper and then trying to do note mods with the homeowners in mass scale ?  

Their advice is sound.One thing of note: a lot of folks aks how to switch PMCs in the middle of a tenancy on these forums.

Hello, we are middle of purchasing our 2nd property.

They have not responded again (other than sending the e-sign doc) since this morning.

My local REIA used to have Saturday morning cash flow games that I found very beneficial.