First, it fast-tracks your learning as an investor - you are forced to develop better time management skills, build your network of reliable contractors/ handymen, etc..Second, when you are ready to transition to a property manager, you are well equipped to evaluate and hire the right company.3.

The Tenant Class greatly impacts rental income stability and property maintenance/damage by tenants.Both Property Classand Tenant Class affect what type of contractors, handymen and property management companies will work on a property.If you buy & renovate a property in Class D area to Class A standards, what Tenant Class will rent it?

Then you should go on to the next step which is locate a city/state you want to invest in and build your core 4 which means finding a great investor-friendly realtor, contractor, property manager, and attorney

Find a good realtor, close a deal with them and they will give you their contractor contacts.

Finding contractors in Florida after 2 hurricanes wont be easy or inexpensive 

I was to start assembling a team together and am looking for any recommendations of contractors that will offer a little bit more hand-holding, as I am still fairly new to this process. 

If this stretches to 9–12 months, holding costs could climb fast.I like your point about tightening the rehab costs, I think there’s room to bring it closer to $100K with the right contractor and materials.

If you’re familiar with the area or have tips for evaluating properties, working with brokers, or finding good contractors, I’d love to connect and learn from your experiences.Looking forward to being part of this community and sharing my journey!

Connect with lenders, agents, property managers, contractors, attorneys etc.3.

In the future, I’ll factor in contractor costs more.