The model works, and it's all about consistency at the end.

Happy Friday!

We obviously handle the ones near us in-house, but hiring someone in another market to work one day a month is a bit of an odd task.My guess is that remote property management companies need to have a sort of Swiss-army-knife person in the area that can do many variable tasks for them and works on an hourly basis as there may not always be things to do, but I don't know that for a fact.How do remote/long-distance property management companies overcome the challenges of not being in the area?

I got off of work and I'm just hungry for wealth.

If I sell the home, I could net $400k and pay no tax. 

Purchase price: $245,000 Cash invested: $50,000 This was our primary residence that we are lived in for 6 years while we fixing up and renovating. 1963 farmhouse that was outdated and loads of half a$$ work and deferred maintenance.

I've got 30 more years of working....so cashflow isn't such a big deal to me. 

This defined rental income as passive income and no longer allowed rental property losses to offset active income.

Here are my suggestions and you should work them simultaneously.'1.

Target free and clear properties and market to them through whatever strategy works best for you.