You also must consider your understanding of the intricacies of managing a property yourself and whether you have the skills to manage a manager.Do you know anything about property maintenance, are you at all experienced or handy with tools. do you understand the functions of the different buildings trades, do you know the costs associated with the trades.If you have not been hands on involved in managing your own property it is extremely difficult to manage a property manager.

the necessary repairs are as follows:  water heater missing, furnace looks old. paint all rooms, new flooring needed in most rooms, ( something i can do myself), recondition kitchen, replace entry doors. the house already has a newer roof and newer vinyl siding, virtually no work necessary on the outside. given my rehab skills, nothing will need to be contracted out, so i am able to save a tremendous amount of money on the rehab, which is why the following rehab number is so low.

Professionals with decades of experience and very impressive track records do all the heavy lifting for you.

Ok, if I understand everything I need to do correctly (from the above answers and other info), this is my plan so far:To do now:Set up a Solo 401k (with Mark, Brian, Dmitriy, or someone).Set up 6 bank accounts inside the 401k: "pre-tax", "Roth", and "after-tax" for me, and those same three for my wife also.Rollover my Traditional IRA funds to my "pre-tax" 401k account.Rollover my wife's old 401k funds to her "pre-tax" 401k account.In-plan rollover of both of our "pre-tax" 401K funds to the "Roth" 401K accounts (tax will be owed).2016 Employee contributions: Transfer $18k from my business account to my "Roth" 401K and $18k to my wife's "Roth" 401K.Also transfer a small amount from my business account to my wife's checking account as the remainder of her pay (maybe $2k).

Not a very creative or professional bunch from what I've seen so far. 

Hi everyone, my name is Kevin Wong and I'm a young professional working for a biopharmaceutical company up in Albany NY.

My business partner and I own a number of properties throughout the Hudson Valley, some of which we renovate and flip, some of which we're holding long term as rentals.I am looking to develop a relationship with a professional insurance agent that has access and familiarity with a number of surplus lines policies that can cover rental properties, as well as vacant properties and some occasional builder's risk.If you have interest and experience with this, and can handle 20-40 different new purchases a year, please reach out to me.Thanks!

My business partner and I own a number of properties throughout the Hudson Valley, some of which we renovate and flip, some of which we're holding long term as rentals.I am looking to develop a relationship with a professional insurance agent that has access and familiarity with a number of surplus lines policies that can cover rental properties, as well as vacant properties and some occasional builder's risk.If you have interest and experience with this, and can handle 20-40 different new purchases a year, please reach out to me.Thanks!

There are some professionals here on BP with a ton of expertise that can help you boil down the matter to the specifics of your situation.  

More than 15 years of experience in an international customer service environment.My goal is to constantly improve my skills and knowledge of the real estate industry, particularly in sales, where extensive experience and expertise can be utilised.