Like that abandoned mall area freshly rented out by that split off of a fortune 500 company in your backyard.Good Luck!

Fortunately my wife was handling her mom's banking, had a joint account with over $50K and some 20 years history, we showed the bank the bankbook and they OK'd it.

You can always hire a PM later.. fortunately in 3 years I have had two paying tenants with no issues so I am glad I did not have a PM.

Too many people expect a fortune out of their first flip and won't settle for a slightly lower return on their first investment when all of their costs should be estimated most conservatively. 

I have the good fortune of having replacement tenants lined up 4 months before my current tenants lease ends.

Until then markets climb and fall, fortunes are made and lost on paper only.Adding those number into the equations is done only to sell to perspective newbies that have no concept of investing in real estate.  

I currently own a  town home in Peel Region (for those of you who don't know the GTA it is North-West of Toronto) and a condo that is currently under construction located in North Toronto. i have been fortunate enough to make some extra profit in the stock market (thank you cannabis stocks) and am looking to use those profits for another potential rental property.

Fortunately for me, I was able to get my money back. 

I currently own a town home in Peel Region (for those of you who don't know the GTA it is North-West of Toronto) and a condo that is currently under construction located in North Toronto. i have been fortunate enough to make some extra profit in the stock market (thank you cannabis stocks) and am looking to use those profits for another potential rental property.

I do manage it myself from out of state but am fortunate that the rental market is a strong one for military members looking to sign 3 years leases.