No PM available

[Louie E.]

I have a good prospect for my first real estate investment.  It is 2 hours away from my primary residence. The agent says I will not have any issue with getting a tenant in that town.  It has some room for increasing its value and financing is all set up and pre approved. The only thing that is preventing me from buying is that there are NO PMs on-site nor others around willing to look after it.  I’ve asked the agent and professional companies found on-line in the nearest city.  Are there other options I could pursue alternatively?

Thanks for the input.

Louie

[Max Ferguson]

If the town is so small there are no Property Managers, then I am curious about how it will rent as well. If there is a large enough tenant pool, you could self manage and just have a handyman on call for the property that holds keys as well. The equation doesn't work unless you self manage, but just as @Charles Carillo said, you have to gauge some form of real interest first.