If you won’t hire a PM I’d send something like: You’ve been a great tenant but because of market conditions the rent will be increasing to $x at the end of your current lease.

If I were you, I would purchase a duplex or triplex if you're able and make sure you learn the local tenant/landlord laws inside and out or hire an experienced property manger.

A few Facebook groups that I network in have shared that they have colleagues that hired them and were not pleased.

Its a 3 hour drive for you and then you have to hire a PM to manage!

Get a DBA and use to open a business bank account.Have your properties "hire" the DBA to manage your rentals and collect rents.Most states require a lease to identify the owner of a leased property, whether a person, trust, LLC, IRA, etc.Landlord = Lord of the Land = Owner per deedAgent = someone legally representing the ownerProperty Manager = Agent

Those seasoned 5+ years and doing what you want to do can be a stepping stone until you can go bigger and hire an expensive mentor.

There have been at least 3 studies that show this is true for virtually every large city in the US (you can internet search this).- buy and hold is currently tough in San Diego.  

But I will absolute not value any virtual assets, decentralized or not.

Good Evening,I hired a property management company a few years ago.

What you would presumably do is find land, buy it, ask for a construction permit, hire an architect to make plans and hire a builder (the developer) for the construction.