Your experience reminds me to manage the portfolio well (i.e. sell losers) and to be patient. 

If you are investing out of state, then do you already have a good property manager lined up? 

However, there's a critical detail that many tax advisors conveniently overlook when promoting these studies.Here's the uncomfortable truth: If you're a high-income earner (AGI > $150,000) and not actively managing your properties, those promised tax savings might be locked away for years.

The local property will give you practical management experience.You might do better buying a REIT if you are planning to buy single properties far from home.

What percentage of gross revenue does an owner typically keep if they do employ a property manager?

SDIRA has been extremely accommodating in the setting of an eviction that occurred because the manager that they previously used neglected to tell them.

@Brian Glasser is a solid agent/project manager in KC and has done dozens of BRRRS himself there.  

For appointment setting: we offer an AI-powered re-engagement and appointment setting platform specifically built for RE investors that integrates with your CRM and ultimately makes your lead management process much more efficient. 

I was one of the few lucky ones with Safeguard as I was able to take over the management of the loan and modify it and then got a payoff.

Consider starting with house hacking to reduce housing costs while learning property management, or explore mid-term and short-term rentals for steady or higher income.