Starting with a single-family home in Kansas City is a smart move, and it sounds like you’re really digging into the numbers, which is super important for making informed decisions.From what you’ve shared, your offer of $140,000 with an 8% interest rate and a 20% down payment seems like a solid starting point.

The information contained in this post is not to be relied upon.

She informed me that she & her sisters plan to take care of the rent so he still has the home when he gets out of the hospital. 

Welcome to the community and be ready for a huge amount of information at your finger tips.

I know he has some contracting information that looks to be very informative.

Since I don’t have this information how can I possibly answer it?

This thread is very informative and helpful.

@Bridget HustonWelcome to the community and be ready for a huge amount of information at your finger tips.

They seem to have a turn-key service option so you should be able to get a lot of information from them.

@Tannia CastroRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.