We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

They'll need fast reliable wifi.

My priority was finding reliable mentors and peers who could help me learn the ropes, offer guidance, and even share insights about overcoming the unique challenges I was facing as a new agent and investor.Networking wasn’t easy at first.

Use surveys to gather feedback on their experience.When tenants feel valued and respected, they’re more likely to take care of the property and renew their leases, saving owners time and money.Fairness with VendorsVendors play a crucial role in maintaining properties, and treating them fairly ensures they remain reliable partners.

Did you feel you had any difficulty getting started with the listings compared with if you had started them with your personal account that would have been more reputable at first?

@Luke H.If the buyer is living in the property now it’s a consumer loan compared to a loan to an investor and will kick in a lot more regulationsYou can’t do a balloon less than 5 years, need to have it serviced by a licensed servicer, will have to go by interest rate usury laws, collect escrow…..I would not loan on this property to an owner occupant

These properties tend to hold value better and offer stronger appreciation compared to duplexes or small multifamily units.

For your $2M property, a cost segregation study estimates $316K in first-year depreciation (compared to $28K with standard straight-line), potentially saving ~$117K in taxes at a 37% rate.

Ensure your flip profits exceed the LOC costs, maintain a financial buffer, and compare it to private or hard money loans.

Even if I have a claim every 10 years I will have saved $80k over that time period compared to the people who pay for better insurance.