Begin with small, easy-to-manage homes like single ones or two-family homes, or try house hacking to help pay your mortgage.

You're leveraging the ability to find/screen/properly manage people and properties.

Does it make sense to take this approach if we don’t plan on owning and managing a ton of properties? 

I'm a local real estate broker and property manager.  

Almost all reputable property management firms have strong indemnification and hold harmless clauses as part of their management agreement.

**Streamlined Financing**: Instead of managing multiple loans, a blanket mortgage consolidates several properties into one loan, simplifying paperwork and payments. 2.

Investing in residential multifamily properties allows you to capitalize on this appreciation while benefiting from multiple rental incomes.Easier Management: Managing a small multifamily property in San Antonio is generally more straightforward compared to larger complexes.

Are you implying that I should maintain two separate bank accounts - one for holding security deposit and the other for rental management expenses?

We believe that the collective knowledge and insights from this community can be invaluable in helping us navigate the complexities and opportunities in this field.We are particularly interested in:Understanding the key challenges and best practices in new construction projectsLearning about effective project management strategiesInsights on securing financing and managing budgetsTips on choosing the right locations and marketsExperiences with regulatory and zoning issuesNetworking with potential collaborators, contractors, and service providersIf you have experience in new construction or are currently involved in such projects, we would love to hear from you.

Seem you may need to hire a property manager in New York.