There are a few other ones out there that will not cost you a fortune, try doing a search for a free online tool that maybe you can use.

Fortunately, at the level of funds you have, you are into a higher quality of PMs.  

Take away what you learned, start with a clean slate, and jump at the opportunity to take control of your life and rise to success.It sounds like some good fortune has fallen upon you. 

Fortunately, he has built up quite a network of sub-contractors (plumbers, HVAC, electrical) for those projects that need to be farmed out. 

Hi Jonathan, my wife and I were both active duty when we got our duplex so qualifying for the loan was pretty easy fortunately.

We joke about it but we say "the fastest, surest way to get someone out of the Real Estate Investing business is to have them self manage their own rental properties ;-)  Several excellent teachers and mentors I've been fortunate enough to work with will tell you to just budget 10% of collected rent to hiring a good PM company.

Here are some recent stats on the area.The median home price in Metro Detroit area quadrupled between 2009 and 2016, going from $40,000 to $165,000.With the increase in the median home price, financing has becoming more attainable for investments in Metro Detroit area.Eleven Fortune 500 companies with Michigan headquarters are located within Metro Detroit.Ford is investing over a billion dollars into a new manufacturing plant in the Metro Detroit area.The median rental price is $1,050 in the metro Detroit areaMetro Detroit rents increased nearly 6% year over year in 2016.Vacancy in the Detroit metro area has fallen to below 4.00%.

I'm looking for some advice on how to fund properties as a newbie with zero properties.I was very fortunate and closed on my primary residence in the Austin, TX area in January of last year and since then have had a substantial amount of appreciation in property value.

Then I would rent it out and refinance it, in short BRRRR.My wife has been looking after the kids full time since our first was born, but fortunately we were able to save some money.

I'm fortunate to live in a property owned by my mom, that has about $200k in equity.