I will go so far to say that the sub-metering was the WRONG choice for us, given the cost, and given that if push came to shove, it would not hold up under scrutiny - by tenants, in a court of law - and therefore by extension, us.

Yes, the thermostat will need to be replaced with a smart one.

Quote from @Tim Casey: Hi there...you're definitely on the right track with your investment strategy.Selling your Atlanta property might be a smart move, especially considering your ARM and the potential for rising interest rates.

It's a cost-saving up front and lasts longer than many other choices. 

This can lead to more opportunities and partnerships.Market Understanding: As a property manager, you'll gain a deeper understanding of the local market, which can be invaluable when you start acquiring your own properties.Steady Income Stream: Property management can provide a consistent income, which can be particularly beneficial in the early stages of your real estate venture.Skill Development: You'll develop a range of skills from customer service to maintenance oversight, which are crucial for successful property ownership.Brand Recognition: Establishing a presence as a reliable property management company can boost your reputation, making it easier to attract tenants and investors when you start acquiring properties.Cons:Time Commitment: Property management can be time-consuming, especially if you're dealing with multiple properties or demanding clients.Regulatory Compliance: Staying compliant with local laws and regulations requires diligence and can be complex.Conflict Resolution: Dealing with tenant issues and conflicts is an inevitable part of property management and can sometimes be challenging.Financial Risk: There are financial risks involved, including late payments or damage to properties.Market Fluctuations: The property market can be unpredictable, affecting both rental income and property values.Overall, starting with a property management company can be a smart way to enter the real estate space, especially in an area with a clear need for such services.

It’s a top choice for those wanting broader protection.Cash Value vs.

Ever wondered if single-family or multifamily is the smarter choice for building your rental portfolio?

I think what you're doing with your plan for your future is very smart and hope to contribute to your goals.

Hey, your choice, but you can't tell me the risks are even in the same ballpark.

Gradual transition Moving one property at a time is smart so you can learn as you go and avoid service gaps. 3.