Depending on when that building was originally created, you may be forced to bring other aspects of the building up to code which can drastically change your budget.

Once you have learned about that hopefully you know some major aspects and metrics to look for when regarding properties.

Procedures, forms, marketing, recruiting, training, non-productive reps, strategizing, leadgen - the list goes on and on.I picked C21 because I know the broker and have a ton of respect for her. 

The idea is- I'll pony up the initial cash, provide the brokerage with a stream of consistent listings, help recruit agents, and handle the strategic business decisions/ administrative duties, while my partner will handle the day-to-day operations of the business. 

I’m not interested in the flipping process yet; only interested in the rental aspect of things.

The idea is- I'll pony up the initial cash, provide the brokerage with a stream of consistent listings, help recruit agents, and handle the strategic business decisions/ administrative duties, while my partner will handle the day-to-day operations of the business.

I take ALL the TV shows with a HUGE grain of salt... they have some things/aspect to pay attention to.... like current designs and trends.... but its TV.

The Idea is to be strategic with your networking.

I will be maintaining everything within arms reach in the future and no longer trusting PMs to any aspect of upkeep.  

I already know I will want to outsource this aspect of my rental property business but haven't started vetting PM companies.