I’ve got a few rental properties under my belt and am now diving into value-add multifamily projects to grow my portfolio.My focus is simple: build wealth, create opportunities, and enjoy the process along the way.

Then pay them a fee for finding the deal and pay them 8-10% of rents to manage the rental(s).

Quote from @Anthony French: I’m relatively new to real estate development, having completed only one fix-and-flip project.

Our management company currently collects a traditional deposit from all tenants, including traveling healthcare professionals.

I immediately recognized that the listing agent/property manager had the current rent well below market & the asking price massively wrong.

For a truly passive experience you'd probably need to be an investor in private equity deals or be a silent partner on a project.

I’ve been in the STR game for 6 years, managing multiple properties, and here are some of the tech tools that have been game-changers for me—both for evaluating and managing properties.   

Since we will be investing remotely, we plan to work with a property management company to oversee day-to-day operations.Does this sound like a solid strategy for a first investment property?

I don't currently have any investment properties, but will likely work with a turn-key property managment in the Memphis/Little Rock area.My goal is to build a good cash-flow portfolio to ease into retirement. 

Not impressed with other large institutional managers who are very light with boots on the ground and in many ways have the attidude they are assisting you in managing the property, not managing it for you.