How do you know if your are being taken advantage by a PM if you have no idea what it costs to repair a broken water pipe or rotten deck railing.Investors that never take the time to hands on manage their first few properties are 100% at the mercy of a stranger.

hello to all. just a quick description of myself. i am a real estate investor working in the western New York area. i have been doing this in this area for 12 years now, with many successes. i am a licensed home inspector, work as a handyman for a local property management company, and currently own several investment houses. i can safely say that i know the area quite well. given my home inspectors experience, i feel very confident in my ability to judge the condition of a house and evaluate the rehab to bring it back to a marketable condition. having a degree in accounting, i feel quite confident in my ability to manage the numbers part of the transaction as well. having recently passed a course in furnace installation and repair, i feel i can safely replace appliances such as the furnace if need be and a water heater if need be, saving large sums of money in the rehab. he is what i am looking for. i am looking for a HML to fund my latest find. a 4 bedroom, one bath house with two stall garage in a family neighborhood that i currently own 2 houses in and have purchased more in the same neighborhood in the passed. 

I had been thinking about moving into it for 18 months (avoiding capital gains) - and selling my other home, anyway - while I finished up landscaping and such.The market where I live is schizophrenic (prices are all over the map) - and I'm not impressed with the small pool of realtors that work in up here (northern (like two minutes from Canada) New York) .

Some possibilities MAY be redirecting water away from the structures, or jacking the structures up and building a base underneath, but most likely the property is in a flood zone and these would not be effective solutions.  

Our major concern is the pluming and water heater.

That includes water/sewer/trash.

Swimming pools.

But most of house is dated and my investment propoerty is the only house that has everything updated like granite hardwood floors inground pool and an inlaw house .

I would reach out to @Curtis Waters he is an Investor/Agent here in NC and may have some insight as to how to get started as an agent.

Looking at maybe just doing a basic white plastic tub with a plastic surround.Flooring – I need to get about 300 to 400 square-foot of tile installed.Basic handyman and drywall work – it looks like there are a couple of areas where water pooled outside of the house, and a little bit seeped in, so some drywall needs to be replaced, and probably add some type of sealant to prevent the leaking in the future.I have already been looking through many of the forums and have found a lot of great information.