If they over-promise and under-deliver, transfer the next property to a different PM.

Purchase price: $325,000 Cash invested: $50,000 This time I acquired a property that needed little to no work.

I had 2 properties on my list of potential after final discussions yesterday I have spoke to the owners of each property as well as their agents.

The seller wanted to show the property prior to making an offer.

Start by networking at local meetups and connecting with investors, agents, and property managers.

The property company they use was also very thorough in the way they handled the property.

Would it be best to just have a general contractor to go look at the property?

- Will they preview properties for you, taking narrated videos they send to you?

@Kyle LipkoRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

You are losing money on both properties.