@Jahid M.Starting a rental business involves researching local regulations, using platforms like Airbnb and VRBO for short-term rentals, targeting mid-term rentals like traveling nurses or business professionals, and considering Section 8 tenants for stable income.

I remember one guy in the S.F.Bay area that found a site for a new Pepsi plant when Pepsi was unable to find one and made a very large finders fee, his mistake he got involved in the deal to far instead of stopping at the introduction phase and the Pepsi lawyers used that to not pay his finders fee, but only waiting until it was almost time to pay him and the deal was basically done.

We obviously handle the ones near us in-house, but hiring someone in another market to work one day a month is a bit of an odd task.My guess is that remote property management companies need to have a sort of Swiss-army-knife person in the area that can do many variable tasks for them and works on an hourly basis as there may not always be things to do, but I don't know that for a fact.How do remote/long-distance property management companies overcome the challenges of not being in the area?

Hi, I have been deeply involved in researching and learning about house hacking.

The quicker we close, as long as everything aligns right, the better it is for all involved.

Starting small with house hacking, SFR, or STR, and balancing with a full-time job involves automation and early system building.

Also, the costs involved.

If so, would you be willing to share the terms and how it worked out for all parties involved? 

Invasion of privacy, unclean and rude house members, maybe if they do drugs or smoke or are party animals, unwanted friends of theirs visiting at odd hours, clashes of personality

It just seems that with all the work and risk involved in finding your own property, managing contractors, and then finding and managing the property manager, the return on the SFR investment should be signifcantly higher than the syndication.