Because instead of collecting one rent check per month, you’re collecting multiple payments from different tenants.

A typical PM for full service is around 20-30% depending on the area.Or do you mean a PM that is local to you managing your out of state STRs?

If you can find a good fund that is paying out cash flow. 

I already make a living out of real estate and I'm not planning on ever leaving this space, I'm here to stay. 

The successful wholesalers are the ones that are direct with the seller and have done an analysis on the deal to show it can be a successful investment (always double check with your own)totally agree, I would add the don't act sketchy and present their available homes in a consistent/professional manner to buyers. 

One of the reasons I chose ReSimpli was to also send out postcards.

They pay the sub by check , the sub deposits the check , pulls out cash and pays his guys in cash .

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Ours is a 1 bedroom and has a pull out couch.

But if you’re set on going out of state, I’d recommend checking out Detroit.I’ve been investing there since 2019 and currently hold 12 doors.