Profit-sharing in the 20-30% range is also common in situations where coaches play a key role in creating wealth through property investment.”

I currently self manage my properties using Buildium and I love it especially the resident portal and ability to accept ACH rent payments.

You are trying to build a portfolio as if you have a crystal ball and already know how each property will operate after they are purchased.

She got a message a few days ago that said:"Also, not sure the last time you saw the property but the back deck has exposed nails on the boards - my husband stepped on one of them.

I planned on starting off saving money for a year or so and using that for a downpayment too a property to then be able to flip in order to build capital.

That experience will definitely come in handy when evaluating properties, estimating renovation costs, or managing projects.Feel free to reach out if you have any questions or need advice as you get started.

My wife and I are looking at buying a property that we can live in and fix up (cosmetically) and then either rent it out as a standard SFH or as a short term rental. 

As i recently took my bank statement loan for purchasing a new property from Best Finance.

However, due to it being:1) In the state of California2) A shared home, rather than an outright external property being rented...the default insurance company on offer advised that many carriers are pulling out of CA and that I should go to a local insurance agency.My current insurance for home policy does not offer a "home-sharing endorsement" but only a separate renter's insurance, which would complicate things, since it's for traveling professionals, and they're not going to be booking for 12 straight months.

Even if you hold just oneLuckily two of the properties I have lived in 2 out of the last 5 years.