I currently self-manage three properties in the Atlanta metro area and have learned a ton through trial and error over the years.

Here's her most recent thought on the matter if it helps: "Lack of inspection during building by project managers [is the problem].

I am also planning on using a property manager as I have an 8 - 5 full time job.

Build a strong team with experienced lenders, real estate agents, and property managers, and educate yourself through books and podcasts.

I think a better option is to get a job in property management.

Also thinking about wholesaling as a means to build capital  @Makani Donaldson Do you know anyone in your market that owns MTRs and LTRs that manages their own properties and needs help?

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I started my career with the renovations team renovating the houses we buy, and with the property management company working with our residents and our maintenance teams.

I’ve been looking into areas like Oakhurst, Mariposa, Yosemite West, and surrounding towns.If you own or manage a vacation rental in this region, I’d love to hear about your experience.

Then pay them a fee for finding the deal and pay them 8-10% of rents to manage the rental(s).