Learn property management, analyze rental demand, find high-quality tenants, and budget for renovations and repairs.

Whether it's mold, COVID, or a non-paying renter, a quality PM acts quickly and decisively to protect people, property, and the landlord.If you feel the PM was negligent in their response, you can file a complaint with the state commission.

It's usually not a lot, but I've had to replace a broken office chair that was only 2 years old, had better quality bed pillows been switched with cheap Walmart ones, and had a blanket go missing. 

@Scott ChampionRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

You’ll need a decent printer, quality paper, envelopes, and time to process everything, plus the patience for repetitive tasks.Outsourcing, while more expensive, saves a ton of time and ensures a professional look.

I also cherish spending quality time with my wonderful fiancée, Miranda.I can’t wait to connect with all of you!

If you haven't read Rich Dad, Poor Dad, read it asap.

Typically it is asking too much for rent, but it could be your advertising is poor or your property is not in good condition for that area."

Quote from @Luis Ramos: As a M.D. and Real Estate investor, I can attest that these poor business decisions come down to amount of schooling we have had.

If you’re completely new to real estate, Rich Dad Poor Dad by Robert Kiyosaki is a great introduction to real estate investing.