If they are playing games, start the eviction on the 9th.

@Sarah Dawson - I think if you took a poll from people they would stay it would take 2-5 years to ramp up to the point where you have a well-oiled machine of a business running on all cylinders. 

If you have no skin in the game, I would say 15% is reasonable.

Yes, if you know how to play the game or hire expensive professionals like myself to help.

As far as golf goes, I measure my games in how many balls I lose in the desert but I’m always ready to have an adult beverage on the front 9 and back 9.

But the rate is brutal like 8% and that will just kill the game of rental investing.

Nothing to say it's impossible, but on average you'd do just as good (with index funds, etc) if you are in it for the long game-obviously if you are in it purely for the cash flow and immediacy of funds coming into bank account consistently- with a tax shield in place, then disregard.

If they sell you a property and then sign you off to a third-party PM, that's another team you need to vet, and means the TK company has less skin in the game (ie once you close, their work is done).They should have solid, data-backed answers to your questions at-the-ready.

@Franklin Marte, first of all, I love that you're up to a big game.

Investors are better off losing the deal than getting into a situation where major repairs come as a surprise after the fact.Likewise, investors are ahead of the game when they do their due diligence on the contractors performing the rehab work.