We always offer to do strategy calls to go over numbers with our clients to take an objective approach on whether it makes sense to finance or not.

The deposit we are willing to collect over the first few months if needed to lower the cost of entry.We are getting some calls, but lots of no-shows when it comes to appointments for showings.We had a lot of problems in the past with tenants bringing in drug dealers, homeless, and various other criminal activities.

I have bought properties by signing a lease option where I took control over the property, made the needed repairs, and then got it financed to cover my cost and what I owed.

Am I being overly ambitious with my initial goals?

Hi @Jonathan Rivera I will let you know my wife and I have collected every payment of rent on our rental properties for over a decade now in NJ. 

Rented and cash flowing, over $100K in equity.

I still do this method, even if I don't intend to have it managed.If you're keen on going the paid route for speed, you could try convincing your brokerage team to purchase STR Insights (preferred over AirDNA) for the team to use with clients.

The first hurdle was finding a warrantable condo, which proved to be a daunting task despite exploring over 20 different units.

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

If you have any insights to share on MTR supply vs demand or demand seasonality near these hospitals/areas, I would appreciate it.