I’m guessing if he finds one extra deal per month and you make 20k on that transaction your positive hiring the work out is a plus 15k.. and your husband just assist or manages workers that complete your projects.

I don't really like the awkward almost negative responses since in real estate there is no template it's completely up to you how far you go is based on how fast you move divided by your dedication multiplied by your ambition.  

Since I'm also an out-of-state investor, I completely agree with you that finding a good PM definitely the most important part of the deal.

You absolutely want title insurance, many people never do the probate thing completely right.

If you are still renovating the property a Fannie/Freddie loan will require all the renovation work to be completed before it can close.4.

Back in early April i received a call from one of my properties claiming that there was water gushing out of the ceiling.

I own a two flat (purchased for $400K in 04/15) which was completely updated in 2013 in 60618 Chicago.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.

Just like a reverse exchange but instead of the QI purchasing the new property and holding it until your construction was complete we lease your property from you on a 30 + year lease and improve the property and 1031 by purchasing the leasehold from us.There was a private letter ruling that indicated this was ok a few years ago but recently some new clarifications seem to put it in jeopardy.  

Good luck finding those people though.Commercial/retail is a completely different ball game.