We've been laying the groundwork for a move to a larger property via running these 22 (soon to be 23) units successfully on our own, and by participating in syndications as passive investors where we learn at the feet of investors much more experienced in large multi-family projects.  

Alex Sanchez , Nino Alfano is a GC in the west suburbs that handles both cosmetic and large gut rehab projects.

Personally, I would recommend taking a few hours (it does not have to be all at once) to learn the basics of investing the stock market.  

Are you working with a company that basically just suggests you to hit your own sphere hard? 

Looking at maybe just doing a basic white plastic tub with a plastic surround.Flooring – I need to get about 300 to 400 square-foot of tile installed.Basic handyman and drywall work – it looks like there are a couple of areas where water pooled outside of the house, and a little bit seeped in, so some drywall needs to be replaced, and probably add some type of sealant to prevent the leaking in the future.I have already been looking through many of the forums and have found a lot of great information.

Down payments however, are usually 25-30% depending on the project and lender you are working with.

My question is that is possible to make any useful money if you contract the management out to a property management company, or would it be better to try and learn the basics of being a landlord.

The company invests with JV equity partners in multifamily projects across the United States, but focuses on institutional properties in the Midwest, Southeast, and Mid-Atlantic regions.I aspire to own several (much) smaller properties with my own money, on the side, including the purchase of my first home.

If your margins are that thin you can't outsource some basic maintenance you haven't bought right. 

Where the basics are covered by passive income while you build the REI business up.