Maintenance is a huge expense to keep in mind, Vacancy in case one of your tenants moves out and stops paying, and of course Capital Expenditures to plan for bigger projects in the future such as roofs and siding.

Hello,First time poster here - a good friend and coworker of mine introduced me to Bigger Pockets about six months ago.

Juan Munoz Welcome to Bigger Pockets!

Hey Mona, First off congrats to both of you finishing up grad school and welcome to bigger pockets!

Check out the Facebook group "Bigger Pockets Military Real Estate Investing Mastermind".Also, I'm not sure if you are doing letters or postcards, but my first mailing was postcards.

Hey @Kyle Kelley good to see you on Bigger Pockets!

We own other properties together as well.Thanks for the wisdom and THANK YOU BIGGER POCKETS!

Hello Bigger Pocket Community, I currently have a property in Erie, Pa and would like to know do anyone know someone that change locks and installed lock boxes in Erie, PA?

You can simply form a partnership and buy umbrella insurance.

That's exactly what I want - to build a business and systems in which other people take care of the small stuff and I focus on the bigger picture.