@Puneet Mahi what about the required real estate brokers license to manage properties you do NOT own?

Realtors have likely walked through and done a broker walk through.

A broker who can also deliver a reputable management company (themselves or an independent company) willing to take over management at closing is a real plus for any residential rental investment. 

If the property requires rehab, the Realtor and/ or Mortgage Broker will suggest applying, for a FHA 203k Loan.

@Zach Edelman I appreciate the feedback and the broker info!

Another broker on the team onboarded this client and transferred them to my portfolio due to capacity issues.I have since realigned expectations with this client and addressed all of their concerns.

In fact, there may be other home service opportunities with quicker growth potential worth considering.Additionally, be aware that in Texas you’ll need a broker’s license, not just a real estate license, to operate a property management business.

For intance I dont or didnt at the time own any MF I had a client contact me and I ended up brokering him a 100 unit apartment in Portland ..

I've been teetering around the idea of house hacking once I am done with college, but a big issue I have come across when speaking to a mortgage broker is the fact that I need to prove 2x of the mortgage in monthly income.

Just need a good broker to help find you off market deals and know the area.