Lastly, work with someone who has the heart of a teacher, not that of a salesman.

The middle ground, is using a high quality/ full service management company that has a lower cost structure (more tech enabled) and can give you great service for around 15-25%. 

You'd have to check with customer service on compatibility with your particular units but payrange has great bluetooth-enabled apps for laundry payment systems. easy to DIY install with youtube videos. no monthly fees and low upfront hardware acquisition cost.

One being "rich in experiences" and the second one that enables the first is to live well within your means.I have always done the second part and it always amazes me how others don't.  

If you have a high Cash on Cash return then it enables you to reinvest your money quickly into other properties.So when we take all of this together we get the profile of the ideal buyer of this property: a real estate professional that already has a lot of cash on hand and believes that this market is going to be hot for the next 5 years.

If you are tight for cash you could just shut the door on the unit that needs 25k rehab and fix it later when you have hopefully made some money.You could perhaps get a better return if you spent that money upgrading the other units and prettying up the property-would that enable you to get higher rent?

There are a lot of teachers in my family and I tend to notice grammar or spelling errors (usually I notice mine just after I've hit send) so the things that perturbed me about 1st Choice may not be an issue for you.

If you know specific teachers you recommend that would be icing on the cake.Thank you for your helpDREW

Finally two beautiful young schools teachers, one with an impossibly cute precocious little daughter, rent the house.  

A 506(c) raise would enable you to generally solicit for investors as long as you "reasonably verify" they're accredited.