Makes me wonder though as it took us 10+ years of hammering the pavement and setting up systems, processes, manuals, procedures, personnel, tech, etc... before we could open the doors to "out of house" investors and before we could claim "We are a reputable and organized property management company".How the F@#$ do investors succeed in making the whole process work from afar is mind boggling to me.Again, big hat's off to those that succeed as I couldn't and thus why I moved to the best country in the world.God Bless America and here is to another 10+ years and standing the test of time (Before AI and the terminator take over lol)

One tip tp get a pipe joint to turn where you want it to is,,,,,,take 2--- 2 pound hammers and copiously tap from both sides at once. 

We can hammer out the precise details of what separates the MCM from the McRib at a later date of course. 

Originally posted by @Shiloh Lundahl:@Daniel Peavey You make it sound like swinging a hammer and pounding nails is a more pure form of real estate investing.

Nat shares his humble “hammer-swinging” beginnings, as well as the systems that today allow him to live a life of freedom while others manage his units.

Not all rents but enough that investors lost properties in record numbers.rents in Portland held did not really go up or down.. but Commercial got hammered I remember coming back from my exile in the deed south and going to dinner one night at my favorite Chinese place and the strip mall was 80% dark... go today and its 100% full.. 

Further separation with the double drywall (you can actually run one of the layers as sound insulating drywall if you like) and the green glue should fix up most everything except noise transfer through things like copper plumbing (water hammer) plastic plumbing drains, or hallway recirculating ductwork.It’s a wood framed building, probably built to minimum code at the time.

One of my banks mentioned yesterday that they are seeing a lot of landlords (who cater to lower income tenants) get hammered with nonpaying tenants. 

Also the OOS investor is doing a lot better as PM services have moved up in quality a ton compared to when i was working those markets in the 2000s.. lets also keep in Mind Ohio and MIchigan got HAMMERED in the GFC the professional note buyers of defaulted notes for a few years post GFC would not even buy that paper it was so bad.

It does make a difference which provider you work with--some are better than others and some are terrible--but the concept of turnkeys is a real thing and I know for my own investing it's basically the only thing that got me into REI (I never wanted to swing a hammer or do that much work).