Which if that partner has the ability to dictate that stuff, you are on hold until they get on board or they realize when it is too late.

I personally think it is best to work with local professionals with a good track record. 

So time passes and they end up spending more down the road to fix the issues and investors never realize the true costs.

@Matthew Hollandsworrh uhm, you do realize that owner-occupants will pay you MORE than investors & PMCs?

They sold and realized a large loss. 

He couldn’t sign due to credit/net worth and didn’t invest meaningful personal money.

My bookkeeper initially thought this was a weird setup but now has come to realize it’s super easy to keep track of income and expenses by individual property and to have instant access to a snapshot of how each property is performing.

Long story short, I realized I needed to change something.

They should be personal, creative and practical.

I have put together a personal portfolio of 15 REITs covering  apartments, industrial, healthcare, net lease, casino, infrastructure, and timberland.