As someone who has helped many new hosts get started, I’ve compiled all the essential tips and strategies into a simple step-by-step guide.

Quote from @Drew Sygit: Have always wondered how PMCs with flat fee Tenant Placement work with other agents via MLS?

The rust belt has been wonderful for out of state seeking better rental property returns due to the lower purchase prices and cashflow potential. 

Hi Will in Chicago-Congratulations on having a paid off rental with 500K in equity.You are wondering what options may be available to put that equity to work and you are not interested in buying another traditional rental.One suggestion I would offer is to put some of the equity to work by becoming a private money lender partnering with an investor that would split the profits with you on short-term projects.You could turn that money over and over into the next project getting a higher return than the trapped equity and getting a lien position on the project property to protect your downside investing in a fairly passive way.To Your Success!

I am left to wonder, though some investors with SFR's are doing it successfully, is the risk too high for the reward?

NET 30), etc. and you can use this project-specific agreement as an addendum for individual jobs.Final Tip: Treat the contract as a transparent, collaborative tool to set expectations, not as a "gotcha" document.

Any tips/pointers, etc?  

We’ve seen this issue cause otherwise wonderful new builds to sit on the market because it just doesn’t work with peoples furniture. 

I was also wondering if they have any value added services for looking at deals. 

Hello BPers I was going to attend my first local investor event/meet up and was wondering what people normally wear to these things.