He is the best but his ability to fully understand some of these newer business 2.0 concepts sort of escapes him maybe a little bit.

Who is responsible for cleaning the construction site and keeping public walk ways free and clear of construction debris since you are in CA without the ability to monitor the site?

Whether it’s in real estate, life, or the service, the ability to adapt, overcome, and stay focused on the mission is what gets you through.

Our goal is to start and grow our portfolio to achieve financial stability, more family time, the freedom to take vacations, and the ability to live life on our terms.

You want to be careful not to bite off too much on a first purchase so maybe if more four units or less or available that could be a better starting point with less risk and more ability to learn without potential loss.

You have the ability to do all of this directly through a single IRA. 

If you use your job as a springboard and keep getting raises, you keep increasing your lendability and ability to get more properties.

When it comes to real estate investing, one strategy stands out for its ability to build wealth while significantly reducing your personal living expenses: house hacking with multifamily properties.

Just keep an eye on interest rates and your ability to cover any cash flow gaps.Consider properties that need a bit of work or up-and-coming neighborhoods for better deals.

One of the reasons I asked the question is that it seems strange to me that a property management wouldn’t take anything upfront if they inherited a house that wasn’t ready for rent .Our property management also does the cleaning ( deep clean over 4 days was $1000 but they had to deal with some nasty pet hair , fleas etc)and that included some cover up paint etc .One lesson learned here is every contract with owner : property management varied greatly it seems from what is needed .But moving forward - I feel that $500 a month on a $2100 a month property is too high once it’s rented - unless endless problems persist of course ..thanks for your insight!