There are also many bad PM companies out there because, again, there is little money in it and when the PM company fails, the client often takes a hit from that.I toyed with the idea of starting a PM company - lol - then wondered why the hell I would want to be the guy in between a hands-off investor and their money - lol - no thanks.

@Joe Aiola Thanks for the tip Joe!

Any advice or tips are appreciated!

What are the things you wish you would have known starting as a first time landlord.  I'm closing on a duplex soon, which will be my first real estate purchase.  Just looking for any advice on managing a rental, from ...

I'm talking like 25% or lower, like a property listed at $1m that someone closed at $750k without there being some kind of major structural damage found in the property.Any tips for coming in super low that you all have found to work, or at least, keep the negotiation table open and hot?

I just don't want my PM to take advantage of me being out of state.I need some tips on managing my manager.

Sharing with you my tips for learning:        1.

Perhaps there is a tipping point on the road to FIRE where the risk of not paying Term Life Insurance Policies anymore and the reward of using that money to further fund your portfolios would be more beneficial...

Wow these are excellent tips! 

We are wondering if anyone has some tips for getting a good appraisal from the bank during the Refi for the best LTV cash out.