@Brian Lewis technically 90% of a property manager tasks can be done remotely (rent collection, maintenance request, bookkeeping...)

Definitely interested to hear how it's performing.

If they don't perform then you now can't just evict them. 

The property was in great condition and 100% performing.

There is such a wealth of information on this website, its books and podcasts that you can learn any strategy you want on here. 2) However, some masterminds have great reputations and are very rewarding to top performers looking to connect with other top performers and push their personal growth and business growth to the next level (essentually like a coaching/mentor program). 

Account ClosedThe debt-to-income ratio is commonly used when people are purchasing 1-4 unit properties where the underwriting is mostly performed on the borrower, not the property.

As soon as you get the swing of it then improve the property's performance and sell or keep it.

OR...sell it with a 1031 exchange and buy a higher performing property.The stock market is fickle in the short-term (most investments are), but if this is a "next 30yrs" decisions...you are likely to see exceptional growth in either vehicle, but less taxes in real estate.

Have to say I'm sorry to see new investors being pulled into such scammy techniques not understanding principles of real estate, how the market sets prices in equity, what happens after a sale contract is made where a seller relies on performance and how liable wholesalers are for damages, not to mention the potential of illegally acting as an agent without a license. 

Many contracts will speak to liquidated damages if seller or buyer is unable to perform.