Also, another learning opportunity. 3) You will be able to take advantage of OPM while living for free possibly, appreciation of your property, and depreciation all while learning and focusing on your strategy for your next move without the time and stress that MAY come with buying a rehab on your first deal.

I cannot stress this enough.

That is stressful enough without adding more by worrying about paying back friends or family.

I want to stress that the most important thing is to get approval before you start spending money on construction just to be denied on your plan later

I don't care how much rent they pay, if it's stressful and they aren't taking care of the property, they have to go.

It can definitely be pretty stressful, but I understand how much of this can be a learning experience for future deals.After this deal, I would love to learn how to do deals remotely and not have to be as hands-on with the day-to-day activities.

The key is how late are they and does this cause you stress?

The process is stressful enough as it is but being a plane ride away would make it so much worse.Good luck and hope you find something you like!

@Tanner Enderle nothing, go to the beach , give back , sleep well, and zero stress, 

That's how much money you've lost by not staying up on the market.Even if you hired a property manager at 10% and they kept you at market rate, you would have still made an extra $13,569.58 which is about an extra $1,100 per year.This is why I stress a good property manager.