Now I typically will go to the property and give an estimate, take photos and create a scope of work in the first 3 days, then we revise it when the inspection report comes back, and then we bring in the contractors. 

Second, let's be clear about creating losses from real estate.

We were having a great time living and traveling but not doing much to create a means at an early retirement even though I knew what RE could do and provide. 

First of all, I want to give a HUGE thanks to BP for creating this platform to facilitate discussion/knowledge exchange for real estate investment.

Additionally, when you create your listing on cozy, it is actually posted to multiple websites making your life easier. - https://www.zillow.com/rental-manager/   - I'm sure you've heard of Zillow.

As long as the price is over $1M and stable with 90% or better occupancy. 80/20 with 30 year Am creates a good cash flow, and a 10 yr fixed rate in our current climate of rising rates that is an advantage.

I would look for reno projects to create equity and hopefully in a bit you will have the equity to 1031 into something like that.  

Creating written documentation on how to recreate this process (training manual).Side Note: This individual is familiar with clerical and accounting software type of work, but not necessarily property management. 

Not only do you get to create equity from the rehab, but you also get to live in a brand new home, which you can sell capital gains tax free in 2 years. 

You can find several products that can be attached to a window which creates a second egress (think emergency rope ladder) these are cost effective and can be stored in a case as to not be messed with.