This was back in Nov of 2017 when we made that purchase, and it has gone very, very well to date. 

Lots of brand new apartments being built. 

The biggest questions are about all the little stuff like common area electricity, cleaning and constantly fixing the pool, mowing, irrigation, manager's pay, maintenance crew, exterminator, turn-over,  make-ready etc etc  I am building these apartments in Texas, just north of Houston (its underway and some are done and moved in to)  20- 750 sf one bedrooms, 8- 1120 sf 2 bedroom (2 baths)28- 1930 sf 4 bedrooms (4 baths) I have to fix the full size washers and dryers after the first yearWifi (8 modems with 24 access points) one account per modem that's $80 times 8little bitty managers officeshop for storage and partsdecent saltwater pool but no hot tub, pool has sand filterlots of good outdoor lighting over the 4.5 acresno outdoor stairways and no balconies,Keep in mind there are brand spanken new, one bedrooms are done and occupied, starting the others in a few more weeks after I submit for a loan.

I'll be a brand new land lord and pretty fortunate to have 2 properties right off the bat.

I would first try to makes friends (Bigger Pockets is your greatest resource) in the market you have chosen to invest in, fly out there to see it and meet people and get driven around, and get a feel for what you're getting yourself into.In my opinion, and this is coming from someone who has been in your shoes, is to meet the Turn Key people 1st so you can see the brand new units and get the shock of how nice they are out of your system because most of the time it doesn't matter; the units likely either cost too much and come with strings attached in the form of a crappy property management contract.

Okay, I'm new to Real Estate Investing; I mean like brand spanking new!

Hi guys my name is Jack Gallacci I am a brand new member of BP.

Boutiques are obviously smaller, don’t have name recognition and usually lack formal training, branded marketing products with partner vendors and it’ll rely on you to get most of not all software for prospecting and databases but the commission splits are typically more favorable and it’s a smaller family feel.

@Pat L.Also which brand did you go with for your dehumidifiers?

Ask questions like will you pay a cap to your broker in both states, what is each cap, is there an extra brand fee (sorry I don't remember what the official term is for this, but some brokerages charge 6% more) and is this extra fee for each state essentially doubling your expense?