Do you have Real Estate Professional status?

I found this property through my network of local real estate professionals.

Plus, professional management companies often have tools and strategies to maximize occupancy and revenue, which can offset their fees.

You can be sure they will continue to negotiate for, strategize and advise themselves.If the laws are similar where you are, you should consider if you want someone doing those things for you, and whether you are comfortable going toe-to-toe alone with a licensed professional on a $1.25 million purchase.

As someone who manages over 1,200 properties, I can tell you that proper screening is where professional property managers (PMs) really shine.Here’s why working with a professional PM is worth it:Screening Expertise:Fraud in tenant applications is more common than many realize.

As far as your primary residence, if you have lived in it 2 out of the last 5 years, you should not have to pay taxes on capital gains (difference between what you paid for it & what you sold it for) up to $250,000 if you file your taxes as an individual and $500,000 if you file jointly with a spouse.Just a disclaimer, I am not a tax professional.

Quote from @Michael James Hamlin: We just moved to Baldwin county and we are looking to network/partner up with other professionals in new construction, fix and flip or commercial.

Matt Scott, Incite Venture Capital and his team can be summarized as follows: over priced, non responsive, non professional agreement breaking, chip on their shoulder and otherwise a bad investment.

Readers should seek professional advice.

Your best bet is to ask for referrals from professionals in the space: realtors, other investors, this forum, FB groups, etc.