Affordable property management solution

[Matt Toeneboehn]

Hi all!

I’m active duty military and as such move quite frequently.   Currently looking at househacking a duplex for my upcoming move but a lot of the numbers are quite close in order to find a cash flowing property while we’re there and after we leave (likely after 1yr).   We want to hold long term. 

Does anyone have any unconventional ideas for how to manage the property once I leave without paying a property mgmt company 8-10%?  I don’t mind fielding emails/calls, screening prospective tenants, and scheduling repairs; however the showings, move out inspections, and other things that must occur in person would be difficult.  

Any ideas?  Thanks in advance!

[Joe Martella]

How about working a deal out with your military colleagues to manage the property for you?