. $100k/year +/- can be a lot to one person, but just barely scraping by for another depending on lifestyle and general cost of living since certain areas are more expensive than others.

What are the challenges you face and have people found success in this?

No doubt you will be facing challenging situations, late night calls, issues that you never thought would come up....etc, etc...but at the end, it will help shape you as a landlord and as a property manager.

Thanks, ZachThat kind need face to face conversations.

@Devin Chong  Just my 2 cents here and bare in mind I know nothing about this deal. :)You have a property that you can acquire for $285k that will have a $420 ARV with only $20k in rehab?  

Barely any negative comments.

I found that the best way to fast forward your learning is by networking with others face to face and finding out all the strategies employed in this market.  

@Jay Hinrichs In NJ, we have a Consumer Information Statement that explains the roles of all parties that is supposed to go out on first contact and can be attached to all MLS drip campaigns, but it's another one of those legal things that barely anyone does.

You should also find investors locally and network with them face-to-face.

when I find a property, do the math with a 30-40% down, I barely cash flow, break even, but mostly will pay out of pocket.