If your property management company is good and has built an internal maintenance team which has set rates and had strong relationship relationships with licensed contractor which should keep costs in control, you should never need to shop contractors on your own I wouldn't think.So in short, our policy is give us your preferred contractors upfront if you have them, but then we work all tickets to resolution including dispatch, and payment of invoices.This is of course for operational expenses.  

Happy New Year from our Team to You!

Make sure you understand the local rental market and have a reliable team for rehabbing properties.- **House Hacking:** This can be a great way to start, especially if you're looking to live in one of the units.

To build momentum, I’d start small, assemble a reliable local team, and ensure the properties I invest in have strong fundamentals.

For context, before I learned about his 6 unit I was planning to purchase a 2-3 unit long term rental in Q1 2025 as my first of many deals with a 5 year goal of financial freedom so I can coach my daughter's high school cross country and track teams.

We found it about 7 years ago and have an incredible team there, which I can introduce you to.

While the RentRedi's loaded with various toggles/buttons and affordable given the all-you-can-eat pricing, the interface is still very elementary and lacking in usability/design, which is often overlooked as a key determinant of whether your team actually adopts and fully leverages powerful management solutions like these.

I would say that the value he brings is finding the deals, doing an initial diligence, having a local team set up for renovations/repairs/property management as well as knowledge of the neighborhood.

Basically, Santarelli and his team saw that big retailers were in trouble (37:00 in YouTube video).

You could also go work as a buyers agent on a top producers team and do closings that way.