I am interested to learn more about the process to become my own General Contractor in Philadelphia for investment rehabs which are single family or two-family units that I own, and would like to get your advice and opinions on some of the choices involved.Per the L&I web site, I understand that I should register as Home Improvement Contractor and have a Commercial Activity License:Contractor Requirements All work must be performed by a licensed Philadelphia Contractor with the following exceptionsWork may be performed by an owner residing on the premises of an existing one or two family dwelling.Work may be performed on an existing one or two family dwelling by a registered PA Home Improvement Contractor maintaining a Philadelphia Commercial Activity License.So in this case, I wouldn't need to be a full-fledged licensed Philadelphia Contractor, correct?

I have talked with more than a thousand investors about numerous platforms, and there have been some stories about deals on RM that have gone bad.

I bet a lot of Chicago landlords would love a bit of control and certainty over their property tax increases...which rent control generally provides.There is certainly no shortage of rich landlords in NY, SF or any of the numerous cities with rent control.

Since then I've been educating myself through numerous books and podcasts.

@Bryan McKeen I've never seen a "standard" property management contract and given the liability involved in owning and managing properties, I'd even be reluctant to share the ones I've used.I've seen longer management agreements and shorter ones, and off the top of my head I'm not sure which were better or worse.You can probably find a few on the web for free or low cost, my recommendation would be to get those, and spend some time comparing them and seeing what they have in common, and what some have but others don't.Then armed with that information, approach an attorney and describe what you're looking for in an agreement.

At least it's a start when it comes to the numerous liability issues.We offer concierge services (private chef, on-site yoga, on-site massage, etc). and while it doesn't make us a lot of money, our markup is slim to none, it does seem to make our guests really excited and benefit us when it comes to reviews. 

(I do a little bit of it all: systems administration, Linux, devops, web stuff, networking, some programming, etc.)

In an effort to address the housing crisis the Washington State Legislature has numerous bills to consider, most all of which limit a landlord’s ability to conduct business and preserve their financial investment. 

License aside...I like being able to hold my licensed trades responsible in case something is not done correctly.There can be numerous consequences as well if a property is being sold with an addition without being permitted.

I'm so excited to be here - after listening to the Bigger Pockets podcasts for the last 6-8 months and reading numerous books on real estate and business, I am more eager than ever to educate myself as much as possible and start my investment portfolio this year.I feel a quick introduction to myself is in order, so here's some background on who I am and what I am looking to accomplish this year:It all started with my endless search for "the perfect solution" to my endless problem of needing to climb the corporate ladder.