Just for some info, we have to do DSCR loans at this point in our life and we will not be selling in the next 5 years.

Sounds like property manager, so you would need to research market salary for PMs in your area.

This wasn’t just me—this was true for most Florida property owners back then.But that kind of system can’t last forever.

Secondly, regarding “Fund I” investors, we are not offering any more single asset or portfolio acquisitions to selectively place certain properties inside or outside of our fund.

I recently went through finding a new tenant for my property.

What happens if someone wants out or to sell it at some point?

If you try to get in with some upside down project with thin margins you won't be able to do it.The midwest from Pittsburgh out through Ohio and into Indiana, you have markets in that belt that offer beginners with little capital and no experience a chance to play.That's fine and dandy but setting up a network full of Agents, Wholesalers, and GCs that aren't gonna over sell you, talk you into a bad project, or plain rip you off is the hard part.

To add to this, a lot of Wholesalers or agents from New Western deal specifically with lower class Real Estate, because like Stuart mentioned it is the lowest barrier to entry and typically easier to convince sellers of that property class to sell under their conditions. 

Sam Zell: Known as the "Grave Dancer" for his ability to find value in distressed properties.--- Tactic 1: Opportunistic Buying: He purchased undervalued or distressed properties during down markets.--- Tactic 2: Focus on Fundamentals: Zell emphasized cash flow and property performance over speculation.--- Tactic 3: Diversification: He invested across various real estate sectors, reducing risk.2.

When you invest in rental properties, you can generate consistent monthly income from tenants.