I was able to coordinate PSA creation, contract negotiations, inspections, appraisals, insurance, closing and property management services all with 1 person.

In the wealth creation industry we all track our attendees and action takers.

Hi everyone,
My name is Miguel and have been consuming Bigger Pockets content for the better part of 2 years. Finally making the step to reach out into the community. I apologize in advance for this long post.My wife...

Many Americans seem to value the pursuit of money, goods and indebtedness, which could not lead us farther from the founding basis for the creation of this country.

I have no interest in letting the government take all of the tax it could take from stupidity on my own end so I am learning everything I can about wealth creation, risks, and movement that rich people can make to decrease their tax liability. 

Most feel comfortable going the PM route simply because of the fact that everything is taken care of and you're guaranteed to have a person within the locale to take care of situations that may occur; otherwise, there are some tools available to you where you can bring a certain level of automation to that rental management process (ie. automatically syndicating a single listing to 10+ major listing sites, thorough tenant screening with full background checks, digital lease creation, automated online rent collection, and maintenance tracking).

Options that I envisioned in my plan included:1) Fix and Flip2) Be a wholesaler 3) Become an Agent4) Multifamily investing 5) Syndication6) Single family rentalI focused on a "Warren Buffet" approach and decided to buy "out of favor" single family houses, fix them for value creation,  and rent them out to working class tenants.  

It just feels overwhelming and unattainable at certain points along the path of weath creation... but I know you're right.

Over the long term you will make money and ensure a great asset for your wealth creation

I've looked at so many properties and finally feel I had found something flexible enough to meet my needs of owner-occupy, short-term AND full-time rent, not overpriced, with potential to force appreciation (mold removal initially, and creation of additional bedroom in owner unit would bring rent/resale up).