Additionally, having a good amount of reserves is critical to scaling since its expensive to own real estate hence you should at least have 3-6 months of PITI for each property you own in cash or a cash equivalent, e.g. a line of credit.

Aloha,If you want to invest in condo/HOA properties, it is critical that you closely review the current operating budget AND reserve funding plan (or third party reserve study if a recent one is available).

Abel We are interviewing people who are affiliates to real estate investors (brokers, title companies, real estate attorneys, mortgage brokers) as well as real estate investors in all facets of real estate.

What happens if you miss critical milestones?

I think schools should be teaching self management, self governance, critical thinking, leading a community, and servant leadership, along with finding your passion.

See Rates from Lenders in Your AreaLending and credit are critical to growth and inflation.

In that area, you not only have a critical lack of housing inventory for buyers, but you have additional buyer pressure from those fleeing IL due to politics & taxes. 

The critical things to have inspected are electrical, plumbing, HVAC, roof, and have a pest inspection.

Know how to take constructive criticism.

When I started out, I got a lot of great guidance from other land lords, and I was able to get those initial contacts that are so critical like handymen, painters, flooring folks, etc.