For example, you might stipulate that if you identify a property on your own or work with a property that already has dual representation, you can proceed without involving your realtor.

If you’re short on experience or financials, bringing in a sponsor with a strong balance sheet and track record can make all the difference.

Keep track of them and see if any of them rent.

Hi @Tanya Maslach,Here’s a visual workflow chart for managing your first MTR:Lead Vetting (Turbotenant): Screen and manage tenant applications.Acceptance & Move-In Prep (Hospitable): Assign cleaning tasks, manage reminders, and handle cleaner payments.Tenant Communication (Hospitable): Automate all tenant communications, such as move-in details and reminders.Rent Payment (Turbotenant): Track and manage rent payments with reminders.Hope this help's from one integrator to another 😀

Helpful BRRRR Tips:To manage a remote BRRRR successfully, start by building a reliable local team and using project management tools like Trello to track progress.

I wanted to see if there was anyone out there that has used Microsoft excel to keep track of the ROIs of there properties?

They want to see a track record of success.   

You’re on the right track, and it’s a solid strategy to start with long-term rentals to build a stable income base.

You’re on the right track with saving and learning.

If I do this, agree probably best to go with an experienced expediter with a proven track record.