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Updated over 5 years ago,
Property management problems
So I have my first duplex not In the greatest neighborhood in San Antonio. But I feel comfortable with it. When I originally did my own comps, I thought I found it to be in 1k range. I reached out to a property management company who said they wouldn’t take me on bc they did their research and found the rents in the area is 700 max and they won’t take anyone with less than a 1000.
The mortgage is looking to be about 1000/ a month.
I know even if I have to pay the difference in mortgage, I’m paying myself. My question is, what to do about a property management? Do I try to train someone myself? I travel for work so me being the landlord is kind out of the question.