At this point in my response I outlined what actual market rents were for similar properties.

I started out losing money because of employee salary and office space, but we quickly grew enough units that it paid for itself and then became profitable within a year.If you want to pursue this, I recommend finding an existing PM company that wants to sell.

Here’s to finding great opportunities and hitting your goals—excited to see where this journey takes you!

 Read the description of this condo doing it at the beach where I vacation, is this how you're doing it?  

Having a mentor personally showing you the ropes is much different than reading books. 

This months zip codes all produced an ROI of 7%! 

This advice is greatly appreciated

I’m looking to start this journey with a full head of state and I’m excited to pick each and everyone of your brains

@Sean Conroy, this really depends on two things: first, the land zoned in a way that you can subdivide and build more units (question for building/zoning department) and second, financial returns on doing this versus using the capital to buy.New construction certainly has its advantages on the operating side, and can often get a premium to remodeled, older units.  

This is risky since we are out of state so I am looking for pointers on how the transition works on a section 8 and really anything else you think could help my research.