I am looking to connect with the investors there as the promotors are continuing to take Asset Management fees to the tune of $450K a year (on top of PM fees) even when their payout to the investors is around $20K a quarter (not meeting preferred) and the overall fund is negative about $450K.

This client chose not to use our services and instead, tried to self-manage their primary.

It took quite a good time (~6months) even with a property manager but finally found the renter after rent decrease by 200$.

Then you can self-manage and learn all about tenants, contractors, etc. 

. $215k is the offer that is falling through.It's not something we could self manage.

Does anyone know of a dscr lender that will allow for seasoned money for a down payment and a really good property manager in Ohio specifically in Columbus, Cin, and Cleveland?  

Typically corporate/bank owned homes are managed by an asset management company.

Long term rentals are easier to manage and come with less risk.

Purchase price: $250,000 Cash invested: $14,000 I purchased and managed a rental property in Chicago, focusing on strategic improvements and tenant satisfaction to increase both its value and profitability.

- If so, 1031 into something bigger and easier to manage and then when you pass, the inheritor receives your property(s) at a stepped up basis - subject to Inheritance Tax limits.Otherwise, sell one every 1-5 years when you need the cash, so you can plan expenses to offset capital gains.