Property managers can also be expensive.

But for now I’m thinking of buying and holding, or partner up with another investor for fix and flips or other projects (In AZ).I bring positive energy, problem solving mentality, capital, time, management skills.

I've encountered several situations where tenants not only broke their lease but also caused damages, sometimes even leaving before the lease ended with damages behind.To clarify, when I mention damages, I'm not talking about normal wear and tear but rather significant repairs costing between $5,000 to $8,000, which don't qualify as vandalism for insurance purposes.In the past, property managers I've spoken to have often discouraged pursuing tenants for these damages, citing it as not worth the effort.Here are my questions for you:- Would you pursue the tenant?

Someone answered the phone when I called (I know now it was the apartment manager).

I've done this a few times.Most of these loans are managed by service companies so they are not tracking when the property moves into and out of a personal name or an entity. 

I learned that there are great opportunities to purchase low maintenance, fully remodeled homes in places where there are high quality management teams in place that can produce nearly passive income.

Condos can be so easy to manage, and you would get amazing tenants in class A buildings that really don't add much stress at all to your life.

Investors are looking for a solution including property identification and validation, inspections, renovation and management.

With careful planning and management, this could be a viable path to financial security and building wealth.Best of luck with your investment, and feel free to reach out to the community for more advice or support as you move forward!

thank you ray. do you think me setting their current "rate" at the total amount they have been paying with the property management company is their current rate (2863) or is 2795 their rate?