If I get in the middle of a project and someone decides they don't like the project for whatever reason they can cause all sorts of trouble.

I will record my results in these larger markets and let everyone know.

The two main things I ask for is a larger deposit.

I'm looking at a larger complex there in a couple of weeks.Enjoy your time on BP!

I do not work on duplexes, tri's and quads but larger 5 units and above.So it might help to mention what you are trying to do.There is a different set of brokers that work on the larger properties versus residential agents that pick up a duplex or tri-plex here or there that sell houses.

He is willing to do a mentorship of sorts as this was his final house to sell in his portfolio and my first.

Once you've got the strategy sorted out, read everything you fan find here on the site about it, and of course, ask questions.

It seems to me a larger owner could influence the manager to direct tenants towards them and away from my property)*The property management company has a terrible website, and it begs the question how competent and reliable they may be*It is my understanding that I pay the management fee regardless of vacancy, however I'm not sure on that, perhaps someone who has had prior experience with these type of communities could tell me how they are normally structured.I apologize if I don't quite have the RE vocabulary down, but hopefully you folks can provide some advice and help me get my start in real estate!

The larger the margin the larger his profit.Thanks so much in advance!

With a large building your management costs are lower than a portfolio of single family homes all around town, and your more protected against vacancy, because even with 1 or 2 units empty others will still be providing some cash flow.If you want to be more active you could buy a single family home at a deep discount, rehab, and resell for a larger profit but this requires much more involvement.