Start by networking with local investors, identifying target neighborhoods, running numbers on potential deals, and lining up financing so you're ready to act when the right opportunity comes up!

@Kris Lou Many factors go into PMC pricing:1) Locality (city/state)2) Neighborhood & Property Class (time to manage Class A < Class B < Class C < Class D)3) Property condition (slumlord properties hard to manage)4) Number of units (some economies of scale, but not as much as owners think)5) Owner expectations (some owners really want a personal assistant!)

You could start with your agent or a local agent who supports investors and could have contacts to refer to you.Lastly, you could consider negotiating with a local PM to take on a hybrid approach to management.  

since purchasing the property with a 10% down portfolio loan through a local bank, I have done extensive repair work and renovations.

Ensure the property’s price aligns with market trends, and work with a local realtor to help with due diligence and negotiation.Good luck!

.#4 - Have someone local that you trust, go over zoom and get to ask them question.

Investing in Wisconsin and Illinois is a great move—both states offer solid opportunities for multifamily and single-family rentals.If you’re looking to connect with like-minded investors or agents, I’d recommend joining local real estate meetups or REIA groups in the areas you’re targeting.

Have you gone to any local meetups? 

Paid a top local esigner to come have a look and all she did was insult our cute little place that was doing just fine.....But I think where a designer could add value is by suggesting unique areas, like game rooms, coffee bars, outdoor BBQ/play areas, and stuff like that. 

Johnny, sometimes the best lenders aren’t local.