I would spend hours on the phone assisting them with their deals, I’d write all their questions down and then sit with Dave and the other PPR partners, after work getting their answers.

Spending a ton on property management doesn't seem like the best move.

DIY A first-time DIYer can expect to spend several hours replacing a kitchen faucet.The time it takes depends on your experience and the faucet's complexity.You'll need tools like wrenches, a putty knife, and a small bucket.You'll also need materials like supply lines, silicone caulk, and plumbers tape.You may be tempted to be cheap and estimate only 30 minutes, but you should estimate an hour to be safe.What about the time to go to the property to figure out if a 2-hole or 3-hole faucet is needed, then drive to Home Depot to get it, drive back to install and then head either to the next job or back to the office?

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

You spend a giant pile of money before you make a dime of revenue.

The warm months are now approaching but, for the future, I'd suggest coming in aggressively low during winter months and looking for an 18 month lease to start - that way you'll renew in a better pricing period and see some income while you wait rather than spending three months with none.

So spending 200k on an ADU will likely not increase your property value by 200k. 

It's updated yearly and is the best $40 you'll spend as a Landlord. 

• The “Tour Guide” makes the opposite mistake: they spend all their time pointing out flaws and justifying a low offer.

I'd say start the process of securing your HELOC if you havn't done so and spend time analyzing deals and determining what type of investor you are looking to be.