Everything went smooth with the purchase and initial property turn over until I received a letter from the HOA management stating they knew that I was going to rent the property and that I had to wait a year before doing so.I was surprised by this requirement.

Hello BP, Can anyone offer insight into what is the best way to transition from one property manager to another?

Anyone navigated a similar transition?

In Charleston SC even where we were building new construction 500 to 2 million dollar homes and the 500s are in transition areas going from historic rough and tumble to wealthy millennials that are smart and want to own instead of rent..

I have particular interest in Wholesaling properties to build my own capital, once build I want to transition into multifamily deals.

How did you gradually make that transition from W-2 to 1099?

It's definitely been hard for me making that transition to paying someone instead of doing it myself. 

@Dawn YoungAlthough I live within 10 minutes of our facility, I’m still transitioning into using combination disc locks and online rent payments.

I am seeking to transition into the Real Estate Investing industry. 

This way your equity even is giving you a return.Once your portfolio reaches critical mass, or you hit your target numbers or cash flow you can transition over to paying down debt to prepare for the final distribution phase.However, people need to retire, or go full time, at some point this is called your distribution phase, so when that time comes be sure the properties are paid off by that time to maximize cash flow in retirement.A great book on this topic and more is Gary Keller's The Millionaire Real Estate Investor.