@Aubrey Eblin Thank you very much for sharing your experience with the Rent To Retirement Academy. 

Would love to learn from your experiences.4.

This doesn’t necessarily sound realistic in a real world scenario. 

I have been seeing a lot of houses in the area going up for foreclosure. But the whole concept of foreclosed homes is confusing to me. Is this a good way to get into real estate investing? What are the benefits and dr...

In order to get there it would be good if you could keep feeding cashflow proceeds back into acquisitions, on top of your continued W2.Speaking from experience, you can manage probably 30-50 units yourself nights and weekends before you really need to hire someone.

We had to move fast and initially decided to sell it, the relator who was helping us somehow convinced us we should make it a rental property......... and let her be our tenant (insert face palm here) so since we had no real estate experience and we were already moved away, we agreed.

Purchase and rehab properties will have a similar reduction, but as long as you have experience within the US, you should still be able to get some pretty good terms.

@Kenneth Jenkins you forgot to mention owners that expect a PMC to use contractors off Craigslist that are unlicensed, NOT insured and rarely have acceptable experience/skill - but, they quote the "best" price.These same owners will sue a PMC if using these types of contractors results in a tenant lawsuit.

Ask how many units they manage and how much experience they have.

I'm not sure if they can realistically pass that liability off to you simply by stating it in their contract.