A lot of people realize later that they traded a steady, easy job with the weekends off for an unpredictable, annoying job that is 24/7.Remember that you aren't chasing financial freedom; you are chasing time freedom.

This can lead to more opportunities and partnerships.Market Understanding: As a property manager, you'll gain a deeper understanding of the local market, which can be invaluable when you start acquiring your own properties.Steady Income Stream: Property management can provide a consistent income, which can be particularly beneficial in the early stages of your real estate venture.Skill Development: You'll develop a range of skills from customer service to maintenance oversight, which are crucial for successful property ownership.Brand Recognition: Establishing a presence as a reliable property management company can boost your reputation, making it easier to attract tenants and investors when you start acquiring properties.Cons:Time Commitment: Property management can be time-consuming, especially if you're dealing with multiple properties or demanding clients.Regulatory Compliance: Staying compliant with local laws and regulations requires diligence and can be complex.Conflict Resolution: Dealing with tenant issues and conflicts is an inevitable part of property management and can sometimes be challenging.Financial Risk: There are financial risks involved, including late payments or damage to properties.Market Fluctuations: The property market can be unpredictable, affecting both rental income and property values.Overall, starting with a property management company can be a smart way to enter the real estate space, especially in an area with a clear need for such services.

Insurance placement guests tend to be very last minute, often will want to sign an initial 30-day contract and then the amount of time they will extend is very unpredictable but can sometimes be upwards of 9 months.

I make unpredictable little noises when the cash smacks into my hand, a little giggle sometimes, a quiet little satisfied grunt others, a throaty, "Ohhh yyyyeeeeeeeeaaahhhhhh..."

Its vastly erratic and unpredictable.

The right or wrong is in your attitude and agenda.In the boom years leading up to 08 our income was very unpredictable but pretty lucrative. 

This would allow me to raise the rent for the main house a bit over market but I'm concerned usage could get out of control and making my cashflow take an unpredictable hit.Does anyone see other options here that may work better than the two above?

Real estate can be unpredictable, so having a diversified portfolio can provide more stability.Key Lesson #4: Understand the True Costs of Ownership Another critical lesson was understanding the true costs associated with real estate ownership.

However, construction can be unpredictable, so have a solid contingency plan.

The market can be unpredictable, and being adaptable is key in this business.