We have very few issues but there are times people drive to fast on the road etc and I hear about it.

So - As a PM I do free property analyses for people who are current owners or are people under contract or even just see one that catches their eye. 

A lot of people think that they will gain "experience" when they self manage.

I'm now figuring out how to gather 15 people on a Thursday morning. 

Vet the person/people before anything else.  

Just curious as I have no idea who they are so I can’t comment on them but wanted to check in to make sure people do more than just a google review and have done thorough research.Great post earlier today about the dos and fonts an investor had and lessons learned.

People responded by explaining that residential mortgage lenders are looking for US-based customers, who have their residence, income and assets in the States.How do they view foreign debt?

Losing out on a deal that's under contract because people on your team couldn't close on time is not a great feeling.

So many people gloss over properties before truly evaluating their pro forma rent.Also, I think it's a great point about this strategy working in higher rent/gentrification areas of Chicago..it seems counterintuitive.

After literally years of looking (since 2022) I bought my first property a few months ago, so I feel extremely qualified to give advice (many people earned lots of equity during the pandemic appreciation-boom if they bought before 2022, but out-of-state investors getting started AFTER the 2022 interest rate hikes are few and far between).