I recommend setting up a digital filing system to track all expenses, income, and important documents.Effective communication is fundamental.

Couple hundred bucks a door monthly cash flow, double digit ROI, and yes the prices appreciate and you build equity.

I would NOT buy a property in all cash, your ROI would likely be way too low and you are limiting yourself from total appreciation gains.With some specific syndication asset classes, like the one I prefer and invest in and, full disclosure, I am a deal sponsor of these opportunities, RV Campground Resorts can get you double digit cash on cash, averaging 12-15% cash on cash over a 5 year hold period where you can also gain appreciation so that over about 5 years between both cash flow and equity you can potentially triple your investment.

AVM is a digital computer valuation, (not a one with a person who measures/ analyzes the houses) max I can get with a random house I inputted in Selma that has 2554 feet was $435000 just now.

@Nadine O.Metro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1500ROI: Double DigitCash flow: couple hundred/monthAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.

What stops a hacker from going in and wiping out everything digitally and then we are left with nothing.

So, self-managing may not be the best choice unless you are going to be able to dedicate the time to initially set up the property, get good vendors in place, and optimize your digital presence on all the booking sites.

Each set of tenants picks a 4 digit code and that's what they use.

In talking with new investors who have used hard money financing, I've seen terms like double-digit interest rates, origination points, application fees of hundreds of dollars, and pre-payment penalties.

Go line by line with a lawyer and you're spending close to 4 to 5 digits upfront.