Thanks for your reply mate,Nobody is telling the little guy not to invest.I stressed what I think is a safer way of investing.If our turnkey model allowed leverage, we would have 10xed our business since 2014.I just don't believe in the model and me saying "all cash" is definitely not benefiting my company...To your example, the investor uses $100,000 to buy 4 properties at 90% LTV and a black swan event like Covid or interest rate hike happens and 3 go vacant and 2 need major turns.Then what?

The house is 100 years old and it looks like holey hell, to the point where the city starts to get involved and we (investors) get slammed in the news for running down neighborhoods generating a anti-landlord sentiment we really don't need.

However, a common theme I hear when I ask them how they got into this business - they didn't know enough to be really risk averse. 

I'm the opposite....I jut plow ahead and get myself into trouble :-)My business strategy is 'paint yourself into a corner and figure a way out'.

I am a Real Estate Professional who bought a Property Management Business a little over 2 years ago.

I can confirm that this description hits the nail right on the head.My Technical Expert traits have been fundamental in allowing us to steer Rentwell through the unpredictable nature of our business.

In Tampa it's common to find an entrepreneur that is running there own business and this allows me to verify how much cash they have on hand and assists me in calculating their debt to income ratio.3.

I am also very involved with 2 local homeless organizations and in the winters I'm a homeless shelter overnight supervisor volunteer.I'll reach out to connect next.Mike

If you are looking to wholesale yourself, there are barriers to doing it with a license as the brokerage must be compensated on all deals involving real estate per your license.

@Madison Clark Many investors in the business use Rent Manager for their management program.