In particular, I’m interested in advice on:1.Best practices for onboarding new owners and setting clear expectations from day one.2.Effective systems or software recommendations for a solo/startup operation (leasing, maintenance coordination, rent collection, accounting, etc.)3.Strategies for finding and retaining great contractors/vendors.4.Common pitfalls new PMs face in the first 6–12 months.5.Pricing your management services competitively while still being profitable.6.

Do not work for them or fall for the $150 ad set up fee Scott will take your money and Shannon Edwards Transaction Coordinator will cover for him both not answering their phones, responding to text, nor refunding me after 1 week of demanding a refund. 

Large-scale renovations often come with surprises—contractor coordination, supply delays, and uncovering unforeseen issues during construction.

Larger rehab projects always bring challenges, from coordinating contractors to managing timelines and addressing unexpected issues.

So it’s important to make sure your screening process is compliant with fair housing laws and is based on objective criteria like income (including voucher amount), rental history, credit, and references.There are pros and cons to working with voucher tenants:Pros:A portion of the rent is guaranteed by the housing authority, which can help with consistent cash flow.Many tenants stay long-term, which can reduce turnover.Considerations:The unit will need to pass an inspection, and you may need to wait for approval before move-in.Rent increases, lease changes, and eviction processes often involve additional steps and coordination with the housing agency.As others have mentioned, having a consistent screening process is key.

The project came with typical renovation challenges—unexpected issues in an older home, shifting timelines, and contractor coordination.

Coordination is still a big lift either way.

If you can consistently and accurately estimate repair costs and coordinate contractors, look into Jv-ing with flippers. 

Once you’ve chosen a new company, they can usually coordinate the handoff, including collecting keys, leases, tenant info, and security deposits.

Coordinate with the concrete company and the foundation laborers.9.