Is it solely based on consistent and continuous analysis of properties in your market until you see a shift in values?

And like anything else, if you just stay consistent by listening to real estate podcasts, going to meet ups, networking with other like minded people on platforms like BP then you'll learn more and develop the confidence to get started.

After thinking about it, the LLC would basically be the property management company...even tho it would consist of only me and my wife.

Slack is a communication tool more than a file sharing tool.

I would try to communicate with your tenant and see if you can perhaps establish a payment plan, they can file for unemployment or seek rental assistance with any local agencies in Indiana.Good luck!

The highest predictors of goal achievement are the 80/20 activities that are identified and codified into individual actions and tracked fanatically.Discipline 3: Keep a Compelling ScoreboardPeople and teams play differently when they are keeping score, and the right kind of scoreboards motivate the players to win.Discipline 4: Create a Cadence of AccountabilityEach team engages in a simple weekly process that highlights successes, analyzes failures, and course-corrects as necessary, creating the ultimate performance-management system.One of the keys to a successful remote work structure is excellent communication.

I used my realtor as a GC and his communication with me is awful.

Here is why (I believe) sending multiple mailers to the same group is a bad idea. Keep in mind this is my take on it. Use your own logic before you just blindly follow what everyone tells you to do (me included).

1...

Who are the main employers and is it seasonal or consistent?

If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.5.