I've never heard of an HOA that is not responsible for driveways that they laid and trees that they planted.

Hiring a Handyman: Posting ads on platforms Craigslist or Facebook Marketplace and conducting a multi-step interview process:Start with a phone screen to assess experience, availability, and resources.Follow up with an in-person meeting to determine compatibility and trustworthiness.4.

Take the year to do powerful renovations like the kitchen, adding bedrooms and bathrooms and updating what needs updating (up to the standards of the other renovated homes in the area).

Your question about LLCs is something many investors wrestle with, and the answer really depends on your long-term goals and how much risk you're comfortable taking on.For smaller portfolios like yours, setting up separate LLCs for each property can provide additional liability protection, but it also comes with added complexity and costs.

However, you don't mention if this was added to their rental agreements or how this was documented. 3.

We're trying to get rid of the added stress of monthly repairs and simplify things.

A buddy of mine in Phoenix added a fenced yard and bunk beds to his listings.. nothing fancy, just a few tweaks.. and he went from crickets to getting three calls in two weeks.Preferred Landlord Program: This program gets you priority placement, and while ALE charges a fee, it's worth it for visibility.

Then I added the payments for the second and third mortgages under the additional expenses so that I could accurately calculate my cash flow.

Adding in county and state tax, record fees, legal fees, etc., I estimate that this will cost over $10k.

You’ve got a good list of cities already, but I’d definitely recommend adding Memphis, TN to your list for a few key reasons.First, Memphis is known for its affordable real estate.