Would love to hear more on how you set up your properties to get that 97% efficiency.

For this reason, I teach people to set policies for renting to unrelated individuals.

You'll meet many of his existing students, and learn about their experiences, without a high-pressure sales pitch. 

Give yourself 5-10 years and you’ll be set.

You've only owned it six months, so you probably haven't dealt with vacancies, maintenance, or capex, but you should be setting money aside for those things.Your partnership agreement (if you have one) should address exit options.

While I was open to carrying a note, I wasn’t going to go that high.Unfortunately, there’s been an unrealistic expectation set by the gurus that relying on seller financing is a viable strategy for buying a business.

Thus, when a foreclosure sale is held, you can set the bid amount up to the amount of the total debt, which would likely increase from 80K to include the legal fees, receivership costs(we suggest 5 - 10% of the rents collected), repair costs, additional accrued interest, minus rents collected.

Thank you for your input.Keep a cheat sheet for your property(ies) with color brand/codes for each room and common info needed such as appliance info, fridge opening HxW, etc...Paint should be standard sets of colors for all the properties you have.Flat means hard to clean, repaint it all.

I’m an out-of-state investor working on building my online presence, and I’m currently running into an issue with setting up my Google My Business (GMB) account.

Don't get me wrong, acquiring the property, doing the remodeling, setting up the business, getting the staff and clients will be work, and I'm willing to do some/oversee the rest.