@Chris Kay to learn to properly DIY manage you have two basic options:1) Trial & fire on your own, hopefully not making a major mistake that costs you tens of thousands of dollars.- Once your time is more impotant to you then the cost of a PMC, you can hire one.2) Hire a PMC to guide you on your first rental and learn from their expertise.- You can buy additional properties and DIY manage those, perhaps leaning on the PMC for any issues you're not sure how to handle on your own.Good luck:)

AS I dont do them or have never done them on deals were I wanted to make more than a traditional 6% I just put the % or dollar amount I wanted in the listing.. 

It takes longer to realize, but the gain is worth so much more than a couple hundred dollars of cash flow a month.

However, financial freedom isn’t a one-time event; it’s about sustaining your desired lifestyle for the rest of your life.Once you have your goals, the next decision is where to invest.Investment Market/CityThe investment city determines all long-term income characteristics, including whether rents rise fast enough to outpace inflation and how long your income will last.Understanding inflation: It takes more dollars to buy the same goods every time you go to the store.

Can we all agree a dollar made in Austin TX or Bryan TX or Dallas TX or San Francisco CA, or Nashville TN or any where spends the same wherever you choose to spend that dollar.  

This is something that could have been moved for a couple hundred dollars. 

After all, spending a few hundred dollars now is far better than risking hundreds of thousands later.Yup. 

Who is to say my dollar equals how many equity shares? 

Why would the government waste our tax dollars paying higher rents than the market?

How many 70+ year old landlords are going to be smacked with a multi million dollar fine for not filing for the last 2 years??