If they are just managing 1 SFH, then you may not need to check in as often, moreso on an as-needed basis or if you see something abnormal in your monthly statement.

Why build this system yourself if someone literally does it everyday for their job AND you don’t even have to pay them?

I searched realtor.com on a regular basis and got strongly familiar with my area and market.

I am currently renting a room in an NYC apartment on a month-to-month basis.

I currently don't have any properties, but I'm working to learn more everyday.

@Garrett RichardsonWith so much appreciation, I would have her fund a Trust with the house, include provisions in the Trust that includes the house in her gross estate so you get a step up in basis at death, you/spouse are beneficiaries, the trust collects rents and remits fiduciary accounting income to you.

Maybe he should just sell you the real estate so that you can establish the proper cost basis.

I feel two things stand out: #1) the importance of taking action "Just do a deal" (it should of course be a good one)  and #2) learn to analyze deals by doing so every day (or as close to that as possible).Item #2 seems essential to being able to do #1 without totally bungling it. 

The best overall returns I have seen came from a property that was about .5% on purchase, whereas those that met the 1% “rule” have performed worse overall from a cash on cash or IRR basis.

Between our current education system and recreational drugs, I'm looking smarter every day!