Hello group members,Would anyone like to share their experience on how to spot signs of physical distress and estimate damage?

I think it's not a good idea to hold because it's betting on appreciation which is like betting on the stock market.

Looking at about $5K to have him on my team and it would be worth it if they said yes, and he would have a lot of influence on that decision I bet.

Your best bet would be to connect with landlords in regions you're interested in and put together a takeoff of big ticket items.

Louis, it's 4 unit multi is your best bet.

I mean lazy in the sense of doing physical work such as putting out signs, passing out flyers and knocking on doors.

I'd imagine the first isn't a severe enough change to increase the profitability substantially, the second requires learning a new strategy (and everything that entails), and the third requires learning a new market (and having access to it, physically/logistically and financially).

There are rights to work, conduct business, reasonable market areas, professional information and public knowledge issues to address and without any attorney my bet is that you don't have what you may think you do.

I haven't set up a solo-401k yet but will be in the near future so now I am learning as much as I can to make sure I don't step into mud without knowing it.I believe based on your post, I really do need to hire a property manager to handle everything from assessment to executing a solution to whatever problem might creep up.My original thinking was as the 401k fund custodian I can't do any physical work but I would be able to take calls from tenants, as well as going there to assess the issue, for the purpose of determining which pro to call in to resolve the issue.However I also know while assessing the issue often time I might end up having to do physical work - such as reaching inside the cabinet to turn off the water valve, or flush the toilet to see what's happening, or opening and closing a window, or even turning on or turning off a light, those are technically all physical work right?

Seems I can't pull up a list online, so do I need to physically go to the Assessor's office and buy a list or....?