Operating Expenses (30-35% of Income)Rule of Thumb: Allocate 30-35% of your rental income to cover operating expenses such as property management fees, maintenance, repairs, utilities, and insurance.Why: Properly budgeting for these expenses will keep your properties well-maintained and avoid unexpected financial strain.3.

I recommend you try managing on your own, but be smart and spend time educating yourself on how to do it well by reading books, listening to podcasts, and interacting in the forums.You convince people you're not foolish by educating yourself.

I have been doing really well investing here and I have a few clients from the bay area that I help invest here in the valley.

Well the pro is cheaper and faster and cost way less than traditional repiping method.

Their policies are full of legal and industry terms that can be difficult for the layperson to interpret correctly.

I’m investor as well from North Vancouver.

He lives in NY but does a lot of flips in FL and has a second house there as well I believe.

We liked the TL home and nice lakefront view but here are some cons: pretty far/isolated, no real dining options outside and besides the music festivals/BNP tournament, didn't know if it would do well as a STR. 

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

@Eric S. new britain. that is your answer. i invest there. i spent my whole life in CT besides the last few years. i know the area well. i own a few multi-family properties there currently. i went CCSU in new britain and lived in the town for 10 years. its an incredible source of cash flow and, in my opinion, the current mayor is doing all the right things. i actually see growth happening in that town, compared to the rest of CT that is struggling. happy to help in any way i can. just let me know!