I’ve built a solid network of contractors, hard money lenders, conventional/DSCR lenders, and property management companies that serve as my trusted boots on the ground contacts in Memphis.

@Grant ShipmanIn my experience with these units are very difficult to manage and people at the 30% level also create a new set of problems.

I have only 3 doors that I manage so not a big time player so wanted to start with some cheaper software and I heard on the podcasts that RentRedi was included in my pro membership so I signed up.  

Have a frank conversation with the property manager. 

My wife and I come from a manufacturing leadership and project management background.

When I worked with a property management company, we had someone buy a unit (single family) that had a STR and marketed it as a STR.

A solid lender, contractor, and property manager can make or break your first few deals.What strategy are you leaning toward first—flipping, BRRRR, or buy-and-hold?

.🚀 Making It Work1️⃣ Optimize Your Space – Converting a living room or office into an extra bedroom can supercharge returns.2️⃣ Target the Right Tenants – Young professionals, digital nomads, and students love co-living setups.3️⃣ Automate the Management – Using systems for roommate screening, lease agreements, and shared expenses makes it passive.Co-living is gaining serious traction in house hacking circles, and I’d love to hear from others who are using this model.

Madison Management out of reno is who we use who ironically used to be in Morristown NJ

Learn local landlord-tenant laws, FHA and VA loans, and property management software to streamline rent collection and maintenance.