@Kristi Tietz I've done some transactional funding for a few investors but I was branch manager for a mortgage broker in a previous life, so I'd overseen and fixed hundreds of closings. 

Create a well-structured investment plan that includes your standards, target markets, property types, financing techniques, exit strategies, and risk management plans.

It’s the simplest way to get a feel of what it is like to be a landlord without going through the hassle of managing rehab projects.

In a past life, managing vendors for HUD, the following quote was a mantra we learned the hard way to live by:“People do what you inspect, not what you expect.”Louis V.

I have reached out to a few property managers but to no avail.

They often offer free classes for landlords to make sure you know the Facts of how to manage them as you partner with the agency. 

Start talking to property managers.

Key questions to ask include:Their experience with out-of-state investors.Knowledge of the rental market in Cypress, Katy, and Sugar Land.Experience with investment properties, particularly single-family rentals.Their network of local contacts, such as property managers, contractors, and inspectors, which can be invaluable for an out-of-state investor.Technology will be your ally if you are an investor from out of state.

Sorry for the “tough love”, but if you don’t immediately investigate them and take appropriate action, you may not be cut out for managing rentals. 

For context, we manage 20 MTR doors in Los Angeles.