The property had good bones and a solid structure, making it a great candidate for renovations that could increase its value.

You can occupy 1 room and rent out the rest for maximum cash flow but this comes with some inconvenience as you will have to deal with roommates and you don't have 100% privacy in your property.2.

Focus on getting your first property, reducing expenses, improving the property, and saving money by earning more. 

Looking forward to your advice and help.So far, I have been buying properties either from the MLS or as suggested by realtors. 

Purchase price: $290,000 Cash invested: $100,000 Elizabeth Lake Property that was initial just a base hit property ended up being a huge win.

We have a telephone number for our property management business.

This is particularly true in markets like ours in Pasco, Pinellas, and Hillsborough counties, where we manage a variety of properties ranging from Class D neighborhoods to more upscale Class A properties.

Ive also noticed a big trend in private lenders originating 2nds and gap funding and whatnot.

There were a lot of motivated sellers for every property type, especially vacant land.On the selling side, as you might expect, it took much longer to move inventory.

I know there are large property management companies that manage properties everywhere, but I am curious how they overcome all the challenges of not being near the properties.