These markets can provide more stable rental income even with higher interest rates.Creative Financing: Explore creative financing options such as seller financing, private money lenders, or partnerships to reduce the amount of cash you need to invest upfront and improve cash flow.It's also good to conduct thorough market research, analyze rental comps, vacancy rates, and property management costs to ensure that the property will cash flow effectively.

Hello BP Family,I've managed my own properties for over a decade and I'm looking to start a property management business where I manage other investor's rental properties. 

They find, purchase, renovate, rent, manage and sell passive single-family homes in the Jacksonville metro. 

They'll put all their energy in the project, and you're buying time.

Though I suppose many people would rather have new construction townhouses or a 3 or 4 story apartment project on the site.   

I filled 30 projects for investors looking to invest their capital but were locked out of their home market for one reason or another. 

Is it really possible after paying a property management company to actually have cash flow when you're out of state though?

I actually believe it is useful to have your license as an investor as you can collect commissions from your own deals and search for deals as well as serve others in the same capacity.I recommend making a connection with a good property manager in your area if you intend to work with investors and to make your own investments as passive as possible using them.

Or maybe you end up doing all the renovations and management while your princess of a sister does nothing but spend the money on new shoes.Better to be your own man and make your own path.

Doing property management and investing in every corner of the city and suburbs you learn a lot about each area.