Sadly, in those cases, sharing my knowledge and experience might not be enough indeed.

Your biggest obstacle is that you are young and have no experience.

I'm curious about your experiences with tiered commission structures for listing agent  – do you use them, and how do they work for you?

you are not alone nor dumb, i read an American study that 40% of home flippers lose or only break even on their projects. please talk to an attorney with bankruptcy and real estate experience before filing as could have long term complications.

In my experience, if they have not requested the accommodation and your state doesn't require you to accept payments on security deposit, I would not let anyone move in or sign a lease without full security deposit, rent and any other costs paid up front in certified funds.

Glad to hear from someone with firsthand experience.

I am looking for an agent who has experience with working with investors and who knows the area well (rents, desirable areas vs. undesirable areas, etc).

I don't claim to have a crystal ball to give a time frame, but I think in the next 7 years we should experience a better market (at least to some degree), giving you a chance to refinance into lower rates if you wish.No point in locking in a 30-year fixed when the rates aren't incredible to begin with.

It is much more important to get to know what a PM's experience is, how many years they have been managing properties, are they also an investor, what types of owners they work with, how many total units they manage, what their largest property is, what class of properties do they manage, how do they handle tenant communication, maintenance requests, expenses, do manage commercial or residential, and what type of software they use.Just some advise from a seasoned investor and property manager, The First Question That You Shouldn't Ask is, How much do you charge?

. :) All the more reason to require them to have the experience of at least 1 transaction under their belt.