I would recommend utilizing one of the many free landlord software websites out there.

I guess the brighter side of this is I can be a sponge, a blank slate and pick up advice and skills necessary to THRIVE.

Personally I buy in my name then refi into my name utilizing conventional loans.

I'm looking at picking up a 3-story townhouse in the Parkside neighborhood of West Philly.

Additionally, I already have had conversations with XYZ Property Management (edited this part because the mgmt company was TERRIBLE – that’s another story) office in Duncanville and am planning on utilizing them to manage the property.Although I’m not sure when, I do plan on eventually moving back to Texas and specifically to the DFW area.

The tenant has been in for 12 months, and pays rent on time (though utilities are late every single month), and their option to purchase expires in 12 more months.  

Utilities location, lot topography and water features, level of finishes.

Where would your top location picks be?

I’ve actually never had to ask anyone “how do I get started” or “which strategy should I pick” because the information is out there already.

That way you can still utilize it without taking the penalty hit.