Currently, I manage three villas for rent.

I don't have any experience in construction, property management or managing a project like this.

My wife and I work together to purchase and manage our rental portfolio.

They're managed by a property manager and bring in about $3k per month in cash flow after fees.With a household income of around $600k (pre-tax) and $100k available for investment, I'm aiming to find investment strategies that prioritize cash flow over property appreciation.

A strong managment agreement between tenants..   

I work with these types of assets and Partner With @Alice Horn of Villa Key management.

Do you recommend or work with any property managers in Waco? 

If you can figure out how to get a quality asset and manage the risk you can do great. 

This is critical early on when you start investing.Better Property Management: Understanding the basics of plumbing, electrical work, and other home systems means you can quickly address minor issues before they become major (and expensive) problems.

Are you going to be managing these properties?