Usually, it's because it's on a piece of land and needs to be moved.

I think that the cost of the management is not as important as the trust and the piece of mind someone might get from hiring a great property manager.

I do have a knack for design, so it wasn't too difficult for me to incorporate low-cost pieces (a $40 sofa) with the right accent items to make the place feel high-end and vibey.

That piece of advice was very helpful for me and its been of pretty good use already, even though it has barely been a week.

(Most likely considering adding a 7 year ballon.)Do you suggest letting a loan servicing company handle payment collection/escrow/insurance or are you all handling those pieces?

It is a NASTY piece of property and I love it. 

The state has three distinct personalities (mountains, piedmont, and ocean), which limits the risk of having all of your eggs in one basket.

In fact you haven't been squeezed out of anything because those weren't your deals to begin with.... you were just hoping those other students (who went through the same program and have now acquired 100's of doors) would give you a piece of the action.... because you thought you were entitled to it.

A good mentor should want to share their learnings (versus sell them) - if you can find this, it could be your fastest way toward enhancing yourself.I don’t want to give particular input on your financial piece.

This separation helps in maintaining clear financial records and simplifies tax reporting and financial management.Setting up an escrow account specifically for rental income within your LLC can offer several benefits:Financial Clarity: It separates rent payments from other operational expenses, making it easier to track income and expenses related to the rental property.Legal and Compliance: Helps in demonstrating that rental income is kept distinct from personal or other business funds, which can be important for legal and tax compliance purposes.Tenant Transparency: It provides transparency to tenants and other stakeholders regarding where rental payments are deposited and how they are managed.While it may not be a legal requirement in all cases, maintaining an escrow account specifically for rental income is a prudent practice that many experienced investors and landlords follow.