@Kyohei YoshidaGene Trowbridge has a 1 or 2 day seminar (believe he's still doing it).I would also recommend picking up his book, "It's a Whole New Business" As many others have said, you need the up front costs to get it going; earnest money, security filing and PPM packet creation, and other minimal start up costs.

Minimal effort: have the leasing agent do everything.Maximum effort: you coordinate all the rental listings, open houses, background checks and leases but hire the agent for 'showings' only.Maintenance:  Having a local contact is key, and sounds like you already have an option! 

Get a neutral lawyer involved if you want to minimize the pain and somewhat control the outcome. 

Yes, there are some risks, but I think it's minimal. 

Hi there,Recently had a tenant move out, did inspection and minimal rehab.Two months later, new tenant is placed and when the technician goes to check the HVAC, it turns out it’s busted and needs replacing.Here’s what the report said-“Tech reset the breaker and the condenser came on.

They should have gotten your go ahead before doing it, regardless of cost.Turnkey is a good way to start but you’ll likely find out fairly quickly the cash flow is minimal at best.

Coming from someone with minimal construction knowledge or experience, how do you gauge that a project is a certain percentage complete?

If your duplex is located in Texas then that risk is minimized and I feel good about your purchase.  

Hello BP Community, my question today is - what's some good ways to find renters before you buy - to minimize holding cost if any.

But I think if we were to move out and rent elsewhere, then rent this place out, our 25% portion of interest in the property would then be considered rental and if we were to go to sell later and attempt to tax-defer the gain (though it would be minimal), it would still have to be considered a 1031 rollover.How long do you have to rent out a 1031-exchanged property before you can convert it to a primary residence?