For example, if you finance properties at 50% LTV, you can buy twice as many compared to cash, and the lower LTV will afford you better financing rates and terms with your lender(s).Beyond that, the key is to define your goals and getting good at analyzing properties and identifying good deals. 

If you are not already, I would be listening to podcasts, reading books, and setting extremely specific and well defined goals to create a path to achieve.

That is an excellent idea about talking with other owners in the area.Could you elaborate a little more on what you define a high risk property as? 

hahaha there's not a defined name for this strategy, but the closest would be a House Hack Hybrid as we wont have a renter. 

Aloha,Depending on the local laws where each property is located, you might need to get Real Estate licenses in each state, at least, if you are managing properties that you do not have actual ownership in (as defined by those states).

They should be able to provide you with step-by-step procedures - else they don't have defined systems and won't be able to deliver consistent results.Also, read below:In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Currently it's just myself and one partner but our roles are not very well defined.

Hi Anthony, I would say that one of the best ways to get the ball rolling on this front is to define what a "good deal" is going to look like for you.

Now, "tenant" in the original lease is defined as the two room mates TOGETHER, equally.So, in the eyes of the law would that mean that "tenant" has, in effect, moved out and is no longer in "possession of the rental"?  

:) Here are my tips though:#1 Define what your purpose is with social media.