First and most importantly is a thorough education on whichever market you have chosen.

I have no real estate experience but I have been educating myself the past few months, and I'm interested in pursuing a house hack as well as getting into buy and hold rentals.

It takes time to get educated enough to pull this off though.

Job one is education.

It is one of the most comprehensive job's in real estate, becaue you have to be a great marketer, people person, marketer, job estimator and general real estate nerd.

Hi everyone,Newbie here - I’ve been reading and educating myself for over 2 years.

Is there a lot of construction/construction workers in the areaAre you near educational institutions?

It would be better to educate yourself on what a good PM looks like and then screen some potential managers until you find one that will do the job right.You can start by going to www.narpm.org to search their directory of managers.

Got my education going...

If someone does not read the instructions or call for help, they get what they create.All IRA horror stories have one common root - failure to educate oneself on the process.This can stem from several sources:Plan providers that focus on marketing, not education.Plans that do not come bundled with access to quality ongoing support.Investors who just think of this as "an account" or "a pile of money" and do not respect the fact that with the freedom to take more control over their investment portfolio comes a responsibility to be aware of and operate within the rules.For investors who take the time to be properly educated and work with a quality provider, there is very little risk.