They have a duty to their shareholders/members to maximize recovery and minimize loss and not exposing the property (REO) to the open market would be negligent in my experience.Maybe you mean working with the owners through their agent or, maybe you mean working with the bank through their agent after the foreclosure.

All duties will be split, however because he lives 1.5 hours away, I may Be more active with tenants/fixing issues that arise..

@Jenny AdelWith the size of your portfolio plus additional PM duties, you should be able to qualify.Unfortunately, there is no defined list of what time does or does not qualify.

One of the issues for a lot of my military friends that have purchased a home at every duty station is that they are not able to get someone to manage a single family very well.

I'm currently in the military and will be PCSing (moving) within the next 2-3 months, I already have bought a house at my current duty assignment and wish to keep it as a rental property.

Every market has it's own nuances and building a solid team in your market is vital, but when it's done, it can really become a passive income machine over time.I'd be happy to schedule a call with you to help you start exploring your options and help you start building a team.

I help tons of Active Duty secure their VA financing, feel free to ping me if you have questions.

I am currently out of town until the 6th of Aug with Nat Guard duties, but maybe we can chat when I get back.

I am scheduled to change duty stations in December of this year.

I am scheduled to change duty stations in December of this year.