Doing your own PM work s overrated and buying yourself a job unless in an area where tenant demand and quality is so strong it requires minimal effort to manage the asset.That is usually the rarity and not the norm.If you were just holding this property for equity build up and tax write off and were to stay with your profession until retirement then this property might work if in a great area.

I will be involved in the process of turning some of my cities struggling neighborhoods back into quality areas wherein people can feel safe and happy to live.

Do it because it increases your quality of life and/or passive solar heat but don't expect it to increase house value like say the addition of a outdoor living space like a deck or patio might.

The financing on a deal makes or breaks a return and that it tied to lease terms, quality of the tenants, location, and loan size being sought.

Every town has their spots that are in demand, and others that are dead, without knowing the area, it's easy to buy in the wrong spot.There's many investors that are putting their money out there, trusting someone else to make judgments as to the quality of construction, areas, local economies, etc., and many of them are going to be kicking themselves for not checking them out themselves.

Low risk, since you're investing a very small amount of money compared to SFHs.Then there are disadvantages: possibly lower quality tenants, lower quality homes.

I am looking to partner up with an experienced GC to rehab houses to flip. I have my ducks in a row but need someone professional to perform from start to finish. Anyone know of someone they can recommend?

But primarily I am a buy and hold investor.My goal is to rehab to a level where it will attract a higher quality of tenant plus be as indestructible as possible without breaking the bank.Here are the areas where I have questions:1.

@Gautam VenkatesanHere is a link that talks about the PHP designation.http://www.nationalreiau.com/php/I don't believe their is an advantage to hold the designation, but would be interested in the quality of education that is provided.

Certainly its nothing new or info that you cant find on your own, however he puts it together in a nice audio package and explains it in a clear and simple manner.