I am however handy, I have a degree in biology and I do have a trade skill set in automotive mechanics, and I am always willing to return the favor for anyone pointing me in the right direction.

Clear expectations have to be set and an understanding that in almost all cases, net worth is built slowly, deliberately and over time. 

If you’re not able to find a PM or cohost you could always build the team yourself while still living in the area and set up the operations to be fairly automated.

Simply set up a landlord account then go from there.

Here are a few I recommend: "Rich Dad, Poor Dad" by Roberto Kiyosaki; "Set for Life" by Scott Trench; "The Unofficial Guide to Real Estate Investing" by Spencer; "The BiggerPockets Ultimate Beginners Guide" found here on BP; "The Book on Rental Property Investing" by Brandon Tuner.

There is no hands on service, obviously, but you still have to find the cleaner, get it set up, and then turn it over to them.

The sale was strategically delayed for 4 months post-PSA execution to qualify for long-term capital gains, resulting in an LP IRR of over 18% for the 12-month period.The sale now holds the Bridgeport record for the highest price per unit at $228,125, Surpassing the previous Bridgeport sales record of $202,985 per unit set by 333 State St, a 67-unit mixed-use property in Downtown Bridgeport in 2021.https://westfaironline.com/real-estate/bridgeport-mixed-use-property-breaks-record-for-price-per-unit-sale/ What made you interested in investing in this type of deal?

That is part of setting it up as a "Trust Bank Account"

.• 3-year business plan goals achieved in under 12 months• Listed for sale at 2026 projected price of $1.875M• Accepted $1.825M cash offer from 1031 exchange buyer• Closed sale in Oct. 2023 to secure long-term capital gains• New Sales Record Set: $228K per unit sale price, the highest ever in Bridgeport CThttps://westfaironline.com/real-estate/bridgeport-mixed-use-property-breaks-record-for-price-per-unit-sale/ Lessons learned?

How will you set the rent?