It's the least riskiest way to own income property in my opinion. 

Prefer to cashflow as close to day #1 as possible.No problem!

Hello fellow real estate investors,I'm considering a potential deal on a triplex in McKeesport, Pennsylvania, and I'd love to hear your thoughts.

It's been that way for as long as I've been around.

It is really hard to guesstimate a cap.

I think you need to figure out what your goals are before jumping into something.For example, you are saying to cold call, but who are you going to call?

They collect the rent, deduct their fee and any other expenses they are allowed/required to pay on your behalf, then they distribute the remaining funds to you.It's critical that you review the property management agreement and understand what you agreed to.

Right now, the technology is not yet suitable for small projects, simply because the transactional costs are way too high and there's no secondary market.

This is a great place to learn and to connect with people so take advantage of all the great resources.Welcome aboard and best of luck investing!

Since this is my first go around - I'd really appreciate advice on the following:- any references on lawyers /firms to work with to go through the Barment and foreclosure process without breaking the bank.- Ball park ranges - what can I expect the cost of this process to be?