Management companies will be more efficient in the long run and (if you choose the right company) save you significant amounts of money, time, and heartache. 

The down side is needing 15 to 20 houses at different address just to pay your bills. 

There were maybe a dozen team members at the time and very little if any technology or efficiency. 

Set up free phone number with googlePut property up for rent with Zillow You receive a callLet it go to voice mailCall backIt will most likely go to voicemailTell them you would be happy to set up an appt for them to text you with their email address.

I had hoped to spend $20k but underestimated some of the costs and also splurged on some of the rehab (I installed a new high efficiency central furnace, on-demand water heater, all new appliances, etc)Rental Details:I posted the property on craigslist for $2,490 and had one open-houseFound great tenants who signed for a year lease at $2,490.

I have about 70 off market vacant properties & im having the hardest time finding a number or address of the owner.

I just plugged the address into Rentometer and got back $1,531.Would you share your percentages for expenses that would be more or target?

@Chris JensenThese little smartphones have brought efficiency to another level.

Hello BP,Like many I have been on here lurking for a while and finally decided to address something here that I need your expertise on.

My main caveat is making sure that I don’t get jipped in the process (ie them having the address and going behind my back for whatever reason to get the deal without me).