There's plenty of opportunity for small multifamily around the metroplex that will generate better returns and fit more neatly into your existing (successful) policies and procedures than seeking riches from afar. 

I leased a property in the Central District in February and there were no problems because I followed my procedures and policies

But that's no guarantee.And, you can follow all good screening procedures, professionally run your business, and don't get too cozy with your neighbor/tenant.After that, roll the dice. 

If you want your rental to be successful, you must continually educate yourself, have strong policies and procedures, and be prepared to take action against bad behavior.The best thing you can do right now is start looking for a professional property manager.

Create an LLC, transfer ownership from your personal name to the LLC, and speak with a real estate attorney to streamline this procedure.

I had an introductory phone call with Zach (this is his standard procedure) and we discussed my goals and then he explained his business, how he got to where he is, how the business could help me reach my goals, etc.If you would like more information, feel free to reply here or I would also be happy to connect!

I did a huge mistake T_T MAKES ZERO sense, NEVER in 10 years doing biz there have I ever heard of a realtor lying about everything,  It happened to me now. and I still have the text massage for what he said the house is in good condition 

We have all the same rules and procedures and use QBO for as our accounting software with all forms of payment accepted- online, ach and regular mail.We encourage communication. 

It becomes like breathing air you just know how to do it optimally without thinking about it.I have seen syndicators take on loan assumptions with marginal terms and high fees or they used floating debt just to massage the numbers so they could hit a certain projected pref (hopefully) to the investors to entice investment of capital.

It falls under the automatic consent procedures, so it does not need approval - it could still be audited though 3.