It is a great place to meet new friends and learn about various aspects of real estate and more.

Plans went from planning a renovation of the existing house on the ground, to finding a contractor and building a new elevated house.Bottom line, if you own a second home or vacation rental in Florida and it is below the base flood elevation as defined by the FEMA flood maps for your area, you will spend a large amount of money each year for flood insurance through the federal program (if it is your primary residence, your get a huge break on the insurance but I don't think that will last forever).

The shower clog should be something you make your tenants fix themselves.Generally for non emergency things you need to fix you have to fix them in a reasonable amount of time.Reasonable is typically defined as 72 hours

@Henry Hsieh not sure what you're referencing with your numbers, but we agree that newer investors should DIY manage their first 1-2 properties to understand the management process.After that, their time is better spent on other aspects of investing, so they should hire a PMC.Don't fall for online reviews! 

What defines the two?

If there is a large upfront fee to start and upsells to bootcamps, etc. you should probably run, not walk.Having a paid mentor can be a very beneficial aspect to your business.

I would just make sure that you think through and discuss all possible aspects.

I want to be a part of every aspect of REI eventually, but my focus has, and i believe always will be buy and hold.

I have been on the physical aspect of flips with family members, and friends, but never the funding aspect.

I'm definitely open to it but don't know where to start without the "hands on" aspect but I see learning those skills and strategies being valuable as I scale and expand!