Next question.... will you self-manage it, or turn it over to a professional management company, or some type of hybrid? 

The macroeconomics for Columbus Ohio are on fire especially with population growth, job growth, and companies moving/developing here so there's amazing appreciation as well.

Thank youBest,SathishkumarI would potentially try starting out being a cohost in that local area or work for a cohost company .

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Many thanks, PatDid you ever find out more about this company, Pat?

Some companies call this a markup for managing the payment of utility bills.

probably a wholesale company.. get a second opinion from a local RE agent so you dont get hosed. 

If you are syndicating or partnering with other investors to fund a Sponsor's deal and you are a company doing this (LLC, partnership) then get a PPM attorney and file with the SEC. 506B is easiest but if it is really risky...then 506C is best. 

I look at who the company associated with.These are just my opinion about it.

Hi Karen, Have you tried reaching out to any other local investors or property management companies?