Sadly, many of them don't have younger relatives to provide them guidance and many times are scammed by predatory investors.   

There are several books that can provide valuable insights and prepare you for house hacking.

If you already own it and it was a personal residence that you don't want to sell providing you live somewhere in the area, have an interest and understanding of your local rental laws and aren't in California (the laws) or Florida (the possibility of assessments) then self management is a possibility. 

It also includes sellers who provide, offer to provide, or arrange to provide goods or services to consumers in return for some type of payment as part of a telemarketing transaction.Thanks, Frank!

I would also consider the possibility of raising the property as well to prevent further flood damage. 

It's important to do your due diligence and research the local market, as well as establishing a strong network of professionals to support your investments.Ultimately, the best deals are the ones that align with your investment goals and provide a good balance of cashflow and potential for long-term growth.

You could consider offering to have the shower inspected by a licensed professional to provide a written report confirming its safety and functionality to address your tenant's concerns.If your tenant continues to refuse to pay rent, you may have grounds to evict them for non-payment of rent.

They don't really provide any tax benefits and their veil is easily pierced by a good lawyer....Just have plenty of good insurance.

I'm wondering if it's common for PMs to provide detailed receipts for each project, and if it's reasonable to request them.

Otherwise, it isn't too exciting to buy a negative cash flowing property because it prevents you from scaling today.