But, sometimes waiting and stacking cash for another opportunity is the best plan. 

The local property will give you practical management experience.You might do better buying a REIT if you are planning to buy single properties far from home.

Plan to buy at 4 duplex and a single family(which includes a lot) this year.

Im only thinking about doing this because I think he wants at least 400k.Does that sound like a smart plan?

There were platinum and non-platinum plans. 

****little about the deal that I’m putting together I have a piece of land that that is permit ready plans approved ready to build on held it my property with no lien.

.- Managing Multiple Projects Simultaneously: Handling numerous properties at different renovation stages requires effective project tracking, milestone-based contractor payments, and solid contingency plans to navigate potential delays.- Technology & Automation: Utilizing project management software, such as Buildertrend or Monday.com, enables real-time tracking of budgets, schedules, and contractor communications.

The first thing I ask is why am I Buying the property.I always look at the exit strategy first, is it going to be a rental, a lease option sell, am I planning on living in it.

Who is their architect for all plans and permitting?

I live in Lebanon, IL and this property is also in Saint Clair County in Belleville.I plan on managing this at first, but want to build a proper amount into my budget.What would you recommend for budgeting for in terms of good property management in this area?