Most of us our self-managers, which is much easier than you think, and even if you just have to go the PM route Evolve only takes care of the easiest part of managing, the pre-booking stuff.The real PITA of self managing (and it's really not that bad) is pretty much everything that happens after the guest checks in, which is the part they don't do.

We just helped 2 investors make their first purchase the last 2 months and both have fully rented units, work full time, and self manage.

Just make sure to factor in furnishing and great property management company (if not self-managing.

That way you won't spend time and money doing things that may not be necessary or sufficient to address the insurers requirement.

that I have tried my self to calculate the Annual Return on investment with my calculator but it gave me wrong results than that the result mentioned by the book  .

I can self finance the renovation.

@John HuynhHey John, assuming you’re going to live in the property, there’s the fha loan like you mentioned but it is very difficult for you to get approval on a 3-4 unit due to the self-sufficiency test.

So you can either do some self-education and try to DIY your taxes or hire an expert.

Hello everyone,Pretty self-explanatory as title states.

For example, if you are looking to connect with other members near you, want to learn from people in a specific area you’d like to invest in, or have a desire to find people interested in certain topics, you could start your search here: https://www.biggerpockets.com/search/usersThere are a few self-contained guides that you can access here: https://www.biggerpockets.com/guides