We manage nearly 175 units (mix of SFH and MF) there and love it.

I manage properties where I live and one bad month, one eviction, one water heater goes out, you could be upside down on cash flow for months and I am thousands of miles away so I have to trust their "Trusted Property Manager"Sorry for the long rant, the question I have is what about Tennessee?

My properties are all property managed so I get the monthly and annual statements from them.

If I change my mind and keep it, I can now use a property manager to handle it, which stops any headaches but goes back to little to no cash flow.

I was trying to be nice and just explain that you can't actually manage real estate if you have no money and no experience.

Greetings all, I've been investing in syndications for nearly 3 years now but have hit an obstacle and trying to mitigate/manage it. 

I have just joined a local team of investors as their Aquisition manager. 

This includes mortgage payments, property taxes, insurance, maintenance costs, and property management fees.

@Monica C.I've invested in a little more than 10 separate syndications with about as many different leads.The one thing I appreciate the most is those asset manager who are willing to send out monthly charts of actual vs pro-forma income and expenses.That's not to say that they are always within budget, because they usually aren't, but they at least show a level of honesty and accountability as well as showing progress.I'm invested in some deals that publish very few KPIs if any at all.

My husband and I are starting a new property management business in his small hometown.