But before I give you my play-by-play, let me first overview what this concept includes for anyone new to property management or owning rental properties. 

About to close on my first investment property in the coming week, 4-unit in outside of Madison, WI.

So basically I'm at risk of the tenant damaging my property and not having a way of going after her because she is not signed to the lease. 

Usually people do it at 3 properties or more but depends on your goals.

Contracting and subcontracting services, like plumbing, generally don’t count unless tied directly to real estate you own.Are you considering acquiring rental properties or engaging in real estate development where you would personally manage or oversee those properties?

I am a graduate from the University of Texas at Arlington with a bachelors in Finance and Real Estate. 

Would like to keep the property for down the road, but realizing I might be better off to get a place in town with more space and try to turn this place into an investment property for the time being instead.

I aim to generate leads and spread awareness that a property is for sale.

I could start with properties in New Orleans or Baton Rouge.

He will be living there as he rehabs the property.