I'm currently in the stage of gathering information about the area, analyzing deals, and learning everything that I can to get started.

Some of these basement rooms don't have that egress window, even though the staging has a bed in it.

Although I've never been a landlord and I would hate to deliver an eviction notice on Christmas day, I could if I ever had to (I would hire someone to do it for me to avoid the risk of confronting the tenant myself).I worked for a company back in the 1980s that would stage its layoffs around the holidays.

My Entire Life i hustled no matter the stage, the area,the arena, level or competitive sport and i've realized how important the hustle is its a lifestyle its a culture it pertains to everything merchandising,real estate,sports ,corporate america and globally.My Question is How hard are you willing to hustle?

The preliminary stages listed above will cost money but you need to start somewhere.  

My question is whether I should sign any contract with PM at this stage (I want to make sure a PM is ready as soon as the property is closed).

And I do not want any tenant to misconstrue a small gift as a token of friendship.I installed a laundry room this year to the benefit of the tenants and myself... far more to the tenants at this stage.

If all works as planned, we will have forced enough appreciation in our new primary to open a nice sized HELOC for purchasing another BRRRR by the end of next year. 2019 is setting the stage for a huge 2020!

Most times it is completely and utterly unrelated to the current market value of a property unless it has sold within 6 months and was reassessed at that time.

Howdy @Kyle NeffFor me there are several stages in evaluating a BRRRR deal.   1.