i don't do/invest in residential real estate but perhaps it would be possible to learn SFR by getting job in property management, also get RE agent license, then once you have learned a fair bit, form a syndication with yourself as GP, get your college friends, their families, and anyone you know to invest as limited partners, then buy a rental house for cash, and you take 20-25% equity and provide the property management for a % of the rent, whatever is industry standard.

I recently was given the responsibility to manage this and learning how landlord tenant relationship works, how to work repairs, and how to think about future investment strategies.

Then, if you sell the second property without doing another exchange, you would owe the tax on both properties at that time.You can actually manage to avoid the tax completely.

As a property manager based in Atlanta, I'm would love the chance to present off-market properties to my existing owners. 

Share your risk management strategies and lessons learned.

Utilities and insurances are typically much lower than California or Washington and quality Property Management typically runs from 8-10%. 

Consider a top-performing operator who already manages assets in the market and has strong renovation skills, is using less leverage, as these deals are starting to pencil out. 

I have the template from the BP "Book On Rental Property Management" and will use it as a starting point but need some additional language. 

Better down payment options, you live in the property you rent which makes management 30X easier.

Are you self-managing?