Do you plan to self manage or hire out?

Hey Matthew,My husband and I are investors in the Mount Pleasant area and although we aren't licensed as property managers (working on that!)

I suspect that the tenants are not screened and that the management company is spending too much on repairs.

I believe I can analyze a deal but have no idea how to vet a syndicator to determine if they have the means and experience to manage the property.  

I expect this would be a management challenge.

I learned to manage properties by watching my PMS do it.

I just got a call from their president, Constantine Kaldis, asking if I was interested in a position with them of "Real Estate Manager".  

Each state, county has different actions and rules, a course in property management should be taken before a property is put up for rent.

Having the IRS chase them for taxes may show a lack of proper money management, etc.

Act as a RE agent that you are.. get a buyer if its a great deal that would not be hard.. sell it to them make your commish then get the list back  rinse repeat about 20 times a year and make your self a few hundred grand with NO MOney out of your pocket other than normal business expenses anyone would have when you have your own business that provides you a 6 figure income.on the credit side I don't think folks realize how devastating it is to let your credit slide.. at least when you then want to get credit.. if there is anything for younger up and coming folks to hone in on is the disability you place yourself in when you cannot manage your personal credit and you let it get bad.