I didn't mean to imply that someone would consider hiring FT help at 10 units, but I guess I was wondering what the hypothetical point would be in which an owner might even consider it.

However, if the owner lives in Cuyahoga County or a contiguous county, the owner may be listed as the local agent in charge.

@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.

I have little confidence in turnkey providers, deals are already hard to come by, if they take another 20% cut before.. much better to buy a property from an owner that is in good condition.

Yes, 2 percent.Then again, we are heavy with staff so that stuff gets done for our owners.

In this example the initial investment would be $50,000.So the owner of the IRA would have to pay 37% in taxes seems to negate the interest paid of 12.5% annually.Do I have this correct?

I saw on their site that one of the owners is an attorney so U have to figure she knows better than to take comp for selling this sort of products.

Ask to speak with some of their current owners and current/former tenants.

You can check out my videos to see some of the tenant buyers that were super grateful to become home owners.

I have heard though that most lenders don't mind this as long as it is not changing the ultimate owners on the property - such as a partnership where one person sells to the other.