Investment Info:Townhouse buy & hold investment in New Castle.

@Lamont Marable check your local building and fire codes...putting living space below grade carries a lot of life-safety requirements and needs to be permitted...worst case...if there is a fire and tenants cannot escape...and you knowingly put living space below grade without the required safeguards in place...RE investing career over...Just do it right if you venture down that path...hiring an architect is always the best approach to something like thisBest of luck

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

Personally, I'd hire a non licensed person with real estate transaction experience to be my acquisition/disposition specialist if I were trying to farm out that part of the business

You can control the investments and be a fund manager for your IRA.Plans that offer checkbook control will be much better than hiring a 3rd party custodian to process transactions on your behalf.

I was wondering how many other Real Estate Investors hire a Project Manager to manage their big BRRRR projects or any big real estate investment that they make?

For example, most picture a construct where each property is individually defined, with separate land and structure being owned by individual owners, that than there is a Home Owners Association to govern, comprised of a board who has been elected into positions of governing, and most often who hire a property management firm to complete the day to day operational duties.

So we pulled a permit for demo with our city and hired a guy with a backhoe to tear out. 

@Taylor Celestin with so many great automation tools available, you may find that hiring a property management company is unnecessary.

@Nick Anderson This is an great example of where the saying "Hire your weakness's" is specifically meant for.