and am eager to connect with experienced investors to gain practical insights.What I’m Looking For:Advice on identifying cash-flowing properties and understanding market trends in Lynchburg or similar areas.Recommendations for a local real estate agent or property manager with experience working with investors.Insights on how to balance active and passive investing as I grow my portfolio.I’m grateful to be part of such an inspiring and knowledgeable community.

Note I 100% know that CPM is not LTR PM with a few tweaks- I have lived and practiced this for over two decades. 

From our experience best practice has always been to have exterior cameras as well as smart locks.

As a CPA and real estate investor who is a general partner in two syndications, I want to share some practical advice to set realistic expectations.

House hack is not practical for everyone but worth exploring

Income, expenses, and distributions are automated and visible to all investors, minimizing the risk of manipulation.This model isn’t for everyone, but it’s a way to give people passive exposure to real estate without the complexity of ownership, while allowing property owners to raise funds without giving up control.Would you see this working in practice?

This is such a detailed and practical breakdown of owning and selling a laundromat.

Also, any best practices for room rentals that you recommend for screening and keeping tenants.

But in practice most of these numbers are likely not taking into account turnovers and repairs.

Since there are often different entities, there are different skills and systems needed.With that said, I can tell you are definitely better at building systems that I am (I have built up some best practices, but they mostly reside in my head).