@Bob Galivan  - great points. a) POS can eat your estimated buy in for sure unless you are well cash capitalized on the buy side b) spot on c) very good guidance, especially for 1st timers or out of state players d) AND EVEN WITH inspections....you easily add a $10-25K repair tab turkey bomb expense to your portfolio.  

I think managing remote also forces me to fix things so they won’t happen again as opposed to just sending a maintainer guy anytime something isn’t working.

I’m a first time real estate investor and recently purchased a new construction in a Centex/Pulte neighborhood .  

Oakland California doesn't maintain an official list of units. instead they push people to affordablehousing.com I have units that are nice but like I said in the post the area they are located in isn't the nicest. because of this I have to do more active marketing for the units. 

I maintained a rental property through a year long military deployment later followed by a 15 month deployment, and again followed by a two year deployment.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Maintaining a Series LLC will be easier than having multiple LLCs, but slightly more complex than having a single LLC.

I'm usually left maintaining the property myself -- which was totally fine with me at first, but has become a nuisance now. 

I'm an investor and realtor based out in LI and help a lot of first timers make their initial investment.

Building and maintains a team is tough enough to do local.