Landlord On Autopilot?
Hello all...
My name is Corey and I am currently in the Las Vegas area, but am looking at other markets that are a little bit cheaper. The town I grew up in is about an hour and a half away and I have been able to find a few deals where the numbers work. The problem is of course, my lack of capital. I do however, know a few buyers. My thought is to wholesale the deals that I find to these buyers, start a property management business and manage the properties for them. I am tired of not doing anything real estate related and I thought this would be a good start.
Is a property management from a distance a terrible idea or do you think this can be done?