Well worth the cost and effort.Going from 5 to 20 properties would be a major move.

You are better off analyzing the remaining life of major Capex components like roof, windows, plumbing, furnace, AC and have a reserve fund set aside as part of acquisition cost.

I shoot for no more than 1 month rent as a reasonable goal for a standard turn unless I also do a major update like all new floors or new windows, etc.  

Check Facebook, there are real estate investing clubs in every major city that a lot of times have monthly meetups.  

Currently, I work in the maintenance department and schedule/complete maintenance/move out inspections.My goal in real estate is to provide my family of 4 with a stable financial foundation.

So, without doing your research you could buy in a terrible time without understanding major downsides. 

@Ashanta Kelly I am not a Realtor, but as an investor, I can tell you that San Marco has some major problems with flooding and the City has a plans to fix it, within 3 years.

@Daniel Liska in MI, a property management company must be licensed, so you could reach out to the department of licensing and regulatory affairs to file a formal complaint.

It really needs an in-depth discussion with a tax expert specializing in real estate.There is a major distinction between a developer and an investor for tax purposes:Developer buys, subdivides, maybe builds and sells.

Assuming his lease ends the end of October make sure you give notice BEFORE the end of September to be effective.One month a landlord and you have already learned 3 major lessons:1) never rent to a seller or their family members.2) never accept rent payment in advance.3) no good deed ever goes unpunished.