I will continue enjoying the podcast and will appreciate the creativity getting toned down a notch, as it makes the left side of my brain hurt! 

In my experience doing project management on rehab projects here in Indiana, keeping a clear scope of work, paying in structured draws, and checking in consistently on-site makes a huge difference.I’ve also seen that when you set the tone early with expectations on timelines and communication, most contractors will either rise to the standard or weed themselves out quickly.

But, we can get to that later.The point is, you make a decision on the type of investor you want to be, where the money will come from, savings, 401 (k), pension, HELOC and so on, make an offer, take ownership and find a renter.Each municipality has landlord laws, so you’re going to need to know those.There are ongoing repairs you will be responsible for.We train on all of this and include locating the first property in the deal.So, sit with your hubby, kick off your shoes, wiggle your toes and think through the important questions.Take a piece of paper, make two columns and make your pro’s and con’s list.Incidentally, 95% of potential investors, dream but never do.

If you are like us, you are going to need that shop to store your rehabbing tools.

You have $28K in retirement savings (plus the homes), but you're going to need more before you can retire.  

That’s why I connect so well with many homeowners, because I know what it feels like to need someone you can trust to handle the details.As a perfectionist native who’s intimately familiar with the Hampton Roads coastal region, I’m here to provide high-level execution that can be trusted.

Property class sets the tone for the tenant pool, maintenance, turnover...

Property Managers can set the tone, but owners also need to meet us halfway for the relationship to really work.

A popular budgeting guideline is to allocate 50% of your take-home income to needs (rent, groceries), 30% to wants (entertainment, hobbies), and 20% to savings and debt repayment.

Every other day you're going to need a vendor, an opinion on an issue, or a lifeline.