Anyone who conducts property management for anyone (even friends) else’s property in the State of Ohio must do the following: Be a licensed real estate agentPlace all retained rents directly into a State of Ohio audited Trust AccountHave a written property management agreement with each property owner stating the start and end date of the agreement among other thingsDeliver regular financial periodic reports to the property owner.Display Fair Housing language and logo where requiredMaintain a ledger sheet for all transactions including name and address, name of all parties to the transaction, amount and date of all deposits, amount and date and check number for all disbursements, running balance for each propertyRegister each property owned by an out of county owner, with the county auditorBroker may not co-mingle fundsFurther, a Broker may use an unlicensed assistant only for certain administrative or clerical duties, maintenance, showing a property and other specifically defined tasks.

For rentals, conduct a capitalization rate analysis.  

However, if you’re willing to put in the work and conduct the necessary research you can probably get a higher ROI in real estate than you can in the stock market!

Nothing is guaranteed to happen but owning an office unit in a condo building over time they may or may not have appreciation but the gains if any are usually smaller.I do not see the office I own as a huge investment or money maker but a place I conduct business.

An Option allows you an opportunity to do your due diligence which includes having a Market Analysis conducted  in order to find out the highest and best land use, which I mentioned previously.

Without it ..all you can do is stare ,like a window shopper, at the good things of life , shrug your shoulders and move on .

Before purchasing the property, I would like someone to conduct a brief walk-through of the property to ensure there is not anything big missing from the pictures that would push a rehab estimate much higher than expected.

., is defined to be a person, firm or corporation who, for a fee, commission or other valuable consideration, or by reason of a promise or reasonable expectation thereof, lists for sale, sells, exchanges, buys or rents, or offers or attempts to negotiate a sale, exchange, purchase or rental of real estate or an interest therein, or collects or offers or attempts to collect rent for the use of real estate or solicits for prospective purchasers or assists or directs in the procuring of prospects or the negotiation or closing of any transaction which does or is contemplated to result in the sale, exchange, leasing, renting or auctioning of any real estate or negotiates, or offers or attempts or agrees to negotiate a loan secured or to be secured by mortgage or other encumbrance upon or transfer of any real estate for others, or any person who, for pecuniary gain or expectation of pecuniary gain conducts a public or private competitive sale of lands or any interest in lands.

I wished I found BP years ago.After days of reading and listening to podcast, and seminars conducted by Brandon.

There are a lot of things that come into play -- you will need to focus on: listing your property, establishing a thorough tenant screening process, signing a lease with your tenant (and make sure that your lease is in accordance with local laws/regulations), conduct a move-in walkthrough (and document any damages/condition of the property prior to move-in time), collecting rent from your tenant, and managing maintenance requests.