Let me know if there is any more information I can provide, I have had this kinda dumped on me and am scrambling to understand what this process is and how I can help my parents out.

It depends on how actively or passively you would like to build your portfolio.

It’s amazing how life can come full circle, especially with your roots in Birmingham, Alabama, where you’re now building out your next venture.Flipping homes is a great way to start, and transitioning into the BRRR strategy for rentals sounds like a solid plan, especially with the growth in select Southern markets.

How are rents and prices.

How did the properties you purchased turn out, and were there any unexpected issues like liens or repairs?

This will allow you give a reference point on how much potential rent you can receive.

They pay other people to manage their assets but don't know how to manage the manager.

I realize that I probably need to hire a financial expert to truly assist me with this question, but I’d like to ask the community how they’d look at this situation beforehand because my wife and I are relatively new at all of this.

@Alethia Hines I don't have any direct experience, but one person I know that did have success in this sector had made great connections with city county folks.

I’ve used other budgeting apps that sync just fine using third-party services, so it’s wild to me that Stessa can’t get it together.The only reason I haven’t bailed on Stessa yet is that it’s the only one I know of that syncs with AppFolio—which is a must since my property manager uses it, too.