Talking with the building property manager can also yield valuable information.You’ll never know everything until you’ve done an inspection.

I'm curious to hear from other landlords and property managers what their experience has been using any of those.

But struggling to find the right property  Hey Kalon, I would highly recommend you figure out which city/state makes the most sense for you to invest in, then build your CORE 4 around it (realtor, attorney, property manager, and contractor).

Plus every time the house sells you start that amortization schedule over and you're on the "winning" side of the payments from the new owner so to speak.Obviously this only works when you've got low payments yourself or you manage to increase the value of the home significantly, but is there anything else I should be looking out for here? 

Do you see many folks outsourcing the management and still cash flowing?  

After that, they have to pay rent, utilities, and other costs even if they aren't going to occupy for another month.

That may look different next year, but if not, sustainability and morale are more important than a few thousand extra dollars per year.Running a 53 acre ranch in Texas is a WHOLE other level of property management.

So, what, let's say $75,000 after vacancy, PM, taxes, and other operating costs.$75,000 / $1,000,000 = 7.5% ROI? 

Estimating costs comes easier with experience and working with the same people multiple times.

Two contributing factors are high construction costs and regulations that make obtaining a construction permit difficult.California already has a large housing shortage.