You also must consider your understanding of the intricacies of managing a property yourself and whether you have the skills to manage a manager.Do you know anything about property maintenance, are you at all experienced or handy with tools. do you understand the functions of the different buildings trades, do you know the costs associated with the trades.If you have not been hands on involved in managing your own property it is extremely difficult to manage a property manager.

Looking forward to experiencing all that BP has to offer

Being fairly new to the REI scene, I don't have many connects yet but I am in the process of attending meetups and looking to network with investors/agents/PMLs in hopes of forming a team. 

Who is on you team?  

I've been talking to a seasoned investor, Dev Lindo who is extremely experienced with flipping houses and he has agreed to help guide me through the process.

Someday, I may need coaches, teachers, mentors, friends, like-minded colleagues willing to help each other, along with all the other people on my power team.

Ultimately investors need flexible realtors/agents/brokers on the team.

I am an experienced real estate broker based in the UAE for 13 years, working to market and sell UK investment developments and UAE residential developments to international clientele.

I managed the projects myself, found new subcontractors and slowly pieces together a new construction team to rebuild the projects.In the end, with the backing of my banker, and parts of my project completely redone twice to do things right, I was happy with the end product.

He walked us through the numbers on the expense factors and the cap rates he’d experienced.