Understanding labor availability and costs is a major challenge in such projects.Operating Cost AnalysisOperating cost analysis is used to measure the expenses associated with running a property, such as maintenance, utilities, and taxes, to evaluate the profitability of a potential investment.

Consider joining a real estate agent association, attending Bigger Pockets local meetups around Dallas, or keep doing what you're doing here by participating in online forums and groups to connect with others and learn from their experiences.Building your resume: It sounds like you already are working as a real estate agent in addition to your "9-5." 

Tenants ignore idle threats.  

Are there any fines associated with them paying late written into the lease? 

For example, the costs associated could be $4,000 to repaint, carpet, etc. and the rent is only 600 thus you lose almost 7 months of rent on turnover plus lost rent in the time that the property is repaired. 

Not just residential management, but also many who specialize in Commerical, Industrial, and Homeowner Association management.

After I watched this video I decided to ask ChatGPT the keys to building a $100 Million multifamily real estate investing business (coincidentally I am writing a book on this topic)ChatGPT's Answer:There are several key factors that can contribute to the success of a multifamily real estate investing business:Develop a strong business plan: This should include a clear vision for the company, as well as specific goals and strategies for achieving them.Build a solid team: Surround yourself with knowledgeable and experienced professionals who can help you identify and acquire quality properties.Focus on a specific market: It can be helpful to specialize in a particular type of property or geographic location, as this can allow you to build expertise and become a go-to source for investors in that area.Invest in high-quality properties: Look for properties with strong potential for appreciation and cash flow, and be willing to put in the time and effort to make necessary improvements and updates.Utilize effective marketing and networking: Network with other professionals in the industry and use marketing strategies such as social media and targeted advertising to attract potential investors and buyers.Manage properties effectively: Proper property management is crucial for maximizing the value of your investment and ensuring the success of your business.Continuously look for opportunities to grow: Stay up-to-date on market trends and actively seek out new investment opportunities to continually grow and expand your business.This is a pretty good answer, and frankly it's amazing when you step back and consider that this service is brand new and 100% free.AI is going to change real estate investing, along with every other industry.

@Ashley Ben Are there fees associated with rentigo?

I would like to pay the tax bill for him as the "down payment" or "option fee" in order to not only secure the property but ensure that they can still live there without threat of being foreclosed on.  

If you expect to focus on buy and hold investments there are a couple landlord associations based in Worcester County.