Unless you have time, desire and knowledge, hiring a property manager sounds like the right option.

Louis (though I was born in STL).This sounds like a great property.

Sounds like with are under charging our owners by thousands of dollars or they are trying to rip you off.

Overseeing tradesmen while they work on your properties sounds like material participation to me.

Your potential buyer suggesting you terminate the contract and them paying you a fee does sounds fishy to me.

Originally posted by @Mike Lambert:@Jon Latorre$100k+ sounds nice but it's not the same return whether the property costs $2 million or $5 million.My question was what is the typical rental yield range?

@Zach Howard some copy & paste advice below:)-------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Please let me know what is convenient for you, and we can set up some time to meet.Aloha,Barb That sounds great, Barb.

I am still very new to real estate investing so just trying to learn on overview of them, however so far BRRRR sounds appealing.

I didn't see this until after 6, but it sounds very interesting, where can I find the calendar for the next meeting?