Some are local people to the listing and assist in boots in the ground activities, others just do guest communications etc.A PM is not necessarily a building manager, but does typically manage the whole process property. 

Many won't care about the law and will volunteer to help you for a fee. 2) Hire a real estate agent.But then who will handle the application process and screening?

How is the purchasing and legal process of being a GP in a syndication.

The process was straightforward, rates and terms were flexible, and I completed my home renovations without any issues

.- We have started the pre-approval process with a lender and have a realtor we're working with to purchase the houseInvestment Strategy:- Aim to maximize cash flow while seeking appreciation.- Ideal cash flow target is $2K+ per month.- Planning to allocate the remaining $250K towards purchasing two properties in the Midwest market (e.g., Cleveland, Columbus, Indianapolis, Kansas City and open to exploring new areas where the entry point is affordable but the cash flow is stable).- Seeking properties that can generate $2K+ a month in combined rent after factoring in property management, insurance, and property tax expenses.Seeking Advice:- Would purchasing two houses in the Midwest to achieve $2K+ cash flow per month be a sound strategy, or do you recommend alternative approaches?

To precisely compute deductions and guarantee conformity with IRS regulations, it is essential to maintain thorough records of rental income and expenditures.

I've considered using ZenBusiness or consulting a local attorney for the formation process.

Hello Bigger Pockets Community,I'm currently in the process of considering purchasing my first primary home and I'm exploring the option of creative financing.

You earn appreciation based on the market value of the property, not your equity.

In my opinion, staying highly organized and building systems/processes is the most viable part of dropshipping.