Apparently, the person I am under contract with was managing the estate of the actual owner who recently died.  

I am invested in a small multi family in TX and the management was not able to fill the property and do repairs and the income has dwindled badly.

I am currently a sales manager for a commercial tree farm and have recently been consuming Kiyosaki's books like they are candy.

It’s smart that you’re looking into multifamily options, it can really help offset your living expenses while building long-term wealth.When analyzing deals, some key things to focus on are rental comps, vacancy rates, and property management costs.

I’m also curious about the pros and cons of managing short-term rentals versus long-term tenants, especially for clients who are new to real estate.I’d love to hear from those of you who’ve been down this path before.

My manager is largely responsible for that. 

.• Proven Systems & Oversight:Establishing robust systems for tracking leads, follow-ups, and conversion rates can provide a clear picture of what’s working—and where improvements are needed.I’ve been monitoring agencies like REVA Global and Steller Staff and know that many investors have seen success by using professionally managed teams.

We did a bunch of research on where to purchase a turn key property with management in place.  

For example it is my understanding that Big Bear allows it but whoever is managing the property has to live within 1 hour of the property. 

In addition I heard that is better having one LLC for each property and one for management only.