Hello BP Community and Property Managers,I'm planning to take over as property manager on one of my rentals and I'm looking for input for a smooth transition.

NOTE: We planned on using Turbo Tenant for tenant management.Thanks in advance for your help!

@Evan LoaderThe way most syndications work is that there is a 5 to 10 year exit plan(normally 7 years).Those 6 years will normally operate and show losses.

My plan is to save up my annual income by mid-Fall so I can quit my job. 

Decide how you plan to scale. 

I haven't done the MTR yet, but plan to on the place I fixed up since its next to the hospital. 

If you do not plan to live there buy it as either as a Seond home or investmet.Second Home is 10% down - seller can offer seller credit to cover closing costs.Investment Home - 15% down - Selelr credit but ony 2% of sale price Max.Pull cash out of your primary or another property via cash out refinance or LOC for the down payment.Feel free to reach out if you have any questions.

I plan to build a Airbnb type of hometel, where to find investors?

What’s your plan when the 1st comes and goes and they don’t pay rent?

If something comes up where plans change they understand, but they want to be aware.