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Updated over 5 years ago,
Assest Protection - Real Estate Holdings
I personally purchased a four-plex last week with FHA financing. I signed a property manager on at 6.5% or $40 a unit which ever is greater and $150 new lease commission (excludes any renewals).
Do you protect it personally until the required owner occupancy period is expired then transfer title into the business? Is the property management expenses reasonable?