We used to know everyone here, our kids played with the neighbor's kids everyday, we looked after each other's properties when folks were out of town... great sense of community.

. $200 (even $500) is a giveaway that you didn't get a quote and do your homework. 

I grew up in Illinois, used to live in Chicago and used to tutor kids in Cabrini Green, I have a little understanding of the dynamics of Chicago. 

The above items are mostly what we use - especially looking them up on facebook (or if they aren't there, lookup the kids).

I also operate a web design/digital marketing company that help produce extra income.Currently, I live in my childhood home with my family (wife and two kids - I am 30 years old).

i got a long way to go before i would even break even from the list price. part of me wants to keep (as my kids love the area) but the other part feels like dropping price to move on to a different asset. i appreciate everyones comments. thank you

G'Day everyone,I never in a million years did I think I'd be writing this but life and business can be funny sometimes.So we hated property management for so long because it's a very "thankless" gig.Tenants complain things aren't getting fixed quickly enough and landlords complain that things cost too much to fix lolAnd the property manager is stuck in the middle.Long story short, we had to set up in-house property management because that was the only way in our opinion to have a successful turnkey operation.Fast forward 10+ years and "what do ya know"We love PM....The residual and predictable income.The recession "proofness" of the business model.The value it offers to both tenants and landlords.And off course the profit margins once you hit an economies of scale standpoint.We have also fine tuned our operation over the years to almost perfection and established ourselves as the #1 rated property manager in Toledo.Systemize, optimize and monetize is what we did.We are now at a point where we could like to focus on mergers and acquisitions.Yep, I kid you not lolI'd like to buy other property management companies that don't know what they are doing just like we didn't I guess for the first 3-4 years.Looking to stay close to home in Toledo to start.I spent some time cold pitching local companies but they are all too proud to reply in their incompetent management style and prefer to continue running a scam.Any advice from other PM owner folks that are more experienced/advanced than we are would be much appreciated.Specifically on how to find an owner interested in selling.Grazie mille for reading and I'm looking forward to your reply 🙏

We turned a windowless storage/bonus room in the garage (that wasn't even counted in the square footage of the house when we bought it) into an arcade and game room, which has been a huge selling point as an Airbnb because it's really cold in McCall in the winter and not a lot of night life in the town so it gives kids and adults something fun to do in the evenings.

I'm trying to get to financial freedom sooner - I'm younger, no kids, have margin to work extra if needed and the more I take on the more profits I keep to myself.

If you don't do the homework, you will give them the impression you may not be up to the task of doing the homework with real estate investing.