This is a great place to learn and to connect with people so take advantage of all the great resources.

Team of people watching notifications and contacting guests and if necessary going out to property to address issues.

Many people invest in real estate using an SDIRA or even better a Checkbook IRA.

So they would first payoff the first mortgage, if there is a second then $ goes to the second and if anything above that goes to any other lienholders or the homeowner.There are a lot of people who invest in 2nd mortgages because they are cheaper than a first, but in Ohio (not sure all counties) you have to pay off the first at foreclosure so if you do not have the money to pay off the first you are out of luck. 

People coming into town to visit family, reunions, weddings or professionals on contracts.All that to say, don't count yourself out.

thank you i hope to meet tons of people here!

One solution I see some people do is to partner with another investor on a couple of deals where each brings something to the table...more capital, experience, etc.

When evaluating a property management company, it's important to look beyond just the management fee and consider the full scope of services and costs involved.For example, at our company, we charge a 10% monthly management fee, a $250 lease renewal fee (unless it’s a takeover tenant, which requires additional effort to establish a strong relationship - because usually people are changing pm companies for a reason), and the first month’s rent as a leasing fee.

Or even just use the FB group where people bring deals for a finders fee, you evaluate and then pay a % to a TC to help close the deal.

There are all types of people in this world, many people have different stories.