It's one of the hottest markets in the US right now with so much population growth, job growth, and companies moving/developing here (26B Intel headquarters being built here, 68K+ enrollment in Ohio State University, Amazon, FB, Google, Honda, Nationwide, Anduril, etc.).

Even the best property management companies (PMC) struggle with:- Finding reliable handyman and contractors (ServiceTechs)- Same with affordable ones- Tracking preventive maintenance- Tracking previous work for potential reoccurrence warranty coverage- Understanding tenant reported problems, so the correct ServiceTech can be dispatched- Determining if tenant is at fault for an issue & should be charged - and will proof stand up in court?

Better if the company has a lot of info in writing that you can absorb to minimize this.

The mid term rental company is great but real wealth comes from long term ownership.

@Noah Laker Will you be running the house or leasing it to a 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.

You can usually request this from a title company or look into public records in your county’s clerk or recorder’s office.If you’re not sure how to navigate this, contacting the auction house or a real estate attorney familiar with foreclosure auctions can help ensure there aren’t surprises.

We can close on $50,000 to $50M (note a company doing multimillion dollar deals is not doing $50k deals)

Old post but I figure I would comment here... my Company, Maven Cost Segregation has done studies on projects like this.

Do you recommend making relationship with property management companies?