You must find a team with a long track record of experience that you can hold accountable.

When I was tracking my hours, I used WhatsApp to communicate with my property manager, contractors, and guests—it timestamped every conversation and became my built-in log for documentation.

No but keep track of those repairs as it will add to your cost basis when you go to sell it and have to pay capital gains.

It sounds like you're on the right track!

Just like professional athletes who still work with coaches to hone their skills, a real estate mentor or coach can provide you with valuable insights, shortcuts, and strategies that can help you avoid mistakes and fast-track your success.

Track everything, including conversations with sellers and buyers, in your CRM and on Excel.

When you have a proven track record of performance, then you can play with other people's money. 

Strong Potential for Long-Term Capital AppreciationGermany's real estate market has demonstrated a strong track record of capital appreciation.

It's very important to perform your due diligence on the operators, the markets their operate it, ask for their past transactions, history of their track record.

@Michaela G.  I