If you are self-managing, stick with one market; you will be traveling there a lot to take care of things.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

@Wayne Brooks but you can still represent your self with an inactive license, right?

Should I follow this rule when investing in real estate.Recently bought a 550k house with an attached ADU unit thats projected to bring in atleast $1500 monthly income if it has a renter.

I would include the storage and bake it into the rent or not bother, you will have enough to account for as it is.

Last night after work I had to fix a water heater on one property, a water line leak under a sink at another property, and work on an HVAC unit at a third property.

Trying to determine if a cost seg study is worthwhile. Our purchase price was very low $225k and land value about 30% of that. We renovated property doing all the work ourselves so I'm not sure if we can factor in our...

I do quarterly inspections of the units and other inspections of the property.

I learned a lot about being a land lord, as this was my first property that I decided to self manage.

It sounds as though you are going to self-manage from a distance, which I feel is a big mistake that could cost you a lot more down the road.