The local REI Association is a great place to start.

And what I mean by that is, if the cost of buying the property and the expenses associated with it are more than what rents bring in, you will be negative every month.

With that said, there is a constant threat of a change in regulation, and my Palm Desert property will have it's short term license taken away at the end of 2019 (along with all R1 licenses) if the laws stay as they stand. 

The threat of these may help bring resolution. 

Hey all,In the recent months, I had several opportunities to become a property manager for several rental units (individual units in condo buildings) and more recent managing a whole condo building for an association.

Here are some of my top choices:Keller Williams Capital PropertiesFairFax RealtyColdwell BankerEXIT RealtyDebbie Dogrul Associates LLC, / Long and FosterThanks!

Judging from the level of investors' interest 15% IRR seems to be a good/decent return given the risks associated with this type of investment.

If you are holding them for your own purposes (and do not plan on refi-inf them at any point) it's less of a worry or selling to cash buyers who are aware of the type of deed they are being sold and costs associated with it.....then to each their own.

If not, they suck at wholesaling.PERIOD.You do NOT want to associate yourself with a wholesaler that is willing to do a JV.The best wholesalers are those that NO OTHER wholesalers ever hears about.

@Romeo Agnew hard money or private lenders (friends, family, and associates) will generally be your best bet.