Hello Brian,You'll need to perform some calculations for this task.

It’s not a secret that real estate investing requires a keen eye for opportunity, a dash of risk-taking, and an adventurous spirit.

Starting on your own (despite your extensive experience with your family rentals) can be an overwhelming task. 

He keeps our group on task and provides excellent feedback with our deals.

Your lender will direct you in the best direction regarding insurance, title, and pretty much most closing tasks.

Only answering the 'when to pay' question:A lot of my flip friends will pay once a task is completed.

This is a process that can be done on the internet in a simple manner in most states and there are plenty of  filing services who can complete this task for less than an attorney will charge.

@Paul DavidsonThe PM manages the property and handles all tasks associated with that.

It's going to be an adventure.

I understand this is not an easy task as the price in those areas are increasing, but we're trying our best to keep the maximum budget at $500K for the primary residence.- We have started the pre-approval process with a lender and have a realtor we're working with to purchase the houseInvestment Strategy:- Aim to maximize cash flow while seeking appreciation.- Ideal cash flow target is $2K+ per month.- Planning to allocate the remaining $250K towards purchasing two properties in the Midwest market (e.g., Cleveland, Columbus, Indianapolis, Kansas City and open to exploring new areas where the entry point is affordable but the cash flow is stable).- Seeking properties that can generate $2K+ a month in combined rent after factoring in property management, insurance, and property tax expenses.Seeking Advice:- Would purchasing two houses in the Midwest to achieve $2K+ cash flow per month be a sound strategy, or do you recommend alternative approaches?