@Adam Hedio depending on our topic I occasionally have a contest with a $25 depot gift card prize for the best marketing piece anyone has sent or received.

Not my problem.Thanks all for the advice.I would make one slight alteration to the cardinal rule you stated:I broke the cardinal rule: never feel sorry for a tenant applicant.I occasionally will feel sorry for those who have actually qualified to be my tenant, and they later experience some hardship while living in one of my units.

After that, it just the occasional dripping sink, leaky toilet, broken lock, etc.

If it is to have a cash flow type investment, I doubt this would work, but if it is to hold and rent (and to use occasionally), it has a potential to break even and pay for itself.

I currently have a few rental properties and I do the occasional flip (but it can't hurt to add more cash flow with wholesaling).

But occasionally I have a suggestion for an enhancement that I think would make it even better.

Even if you hire a property manager, it's nice to be able to drive by occasionally to check up, and West Warwick would add at least a half hour each way compared to, say, Pawtucket or North Providence.Hope this helps!

I'm investing with the Holton Wise group up in Parma, in the Cleveland area.Closing one one deal hopefully this week, and looking at another soon.My work takes me to Cleveland occasionally, and each time I'm more and more impressed with the area.Give Nicholas Varner a call at Holton Wise.

Occasionally, I might flip a property instead of rent it.Any advice on alternative sources of funding and how to find them would be appreciated.

I thought I was getting a good deal when they offered 6% of income and I negotiated down to 5%.Now I am being nickeled and dimed to death, dealing with a very disorganized company, terrible marketing strategy which result in 5 months (cumulatively between teo properties) and poor decisions being made from the property management company to solve tenants problems costing more money than it should.Needless to say, very poor experience and I am less than pleased.Before hiring this company I was managing them myself from in the area and didn't have many issues other than dealing with an older home with the occasional call to the handyman when my time was spread thin and honestly felt like it was possible to do from afar but didn't want to risk issues down the road and wanted a TRULY passive experience.Here is my current situation:I live in chicagoTwo single family rentals in Wisconsin One condo rental in chicagoOne single family rental in Louisville KYWorking on another rental in chicago currently Is it worth it to hire someone near me to manage from afar and develop contacts such as a handy man in the respective areas to manage?