Professional Advice for renting out long term Luxury Rentals

[SM Port]

I am purchasing an out-of-state luxury rental (6k sqft + high end furnishings). I am new to this type of real estate and want to be sure not to get taken when hiring a property manager and any other advice for this type of investment. 

[Steven Foster Wilson]

Originally posted by @SM Port:

I am purchasing an out-of-state luxury rental (6k sqft + high end furnishings). I am new to this type of real estate and want to be sure not to get taken when hiring a property manager and any other advice for this type of investment. 

@Shari M Port depends on what your goals are in investing in RE. I really like Columbus OH because its beginner friendly (in the sense that prices are appreciating so almost anything you buy is worth more the next month) and there is a huge tenant pool to choose renters from.