Do you know how you will handle late rent?

You'll want to search for a property management company to handle it for you.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Do they pick up or will they require you to contract with a waste company that will supply a dumpster and handle pickup.- If you get a dumpster, neighbors dumping in your bin may be a problem, depending on the location.

I'm unsure how to handle the water heater.

I am currently a capital partner with a company who handles 60+ flips in Florida per year.  

Buying multiple lower-cost rentals would diversify income streams, or you could go for a short-term rental for higher returns if you can handle the management.

This will provide consistency and clarity in how you handle your properties.Start by reviewing your current Property Management (PM) agreement.

LLC’s provide them no shield here.So, would-be syndicators, please take note:  please treat this business like a loaded weapon:  Handled carefully and with training and experience it can save your life.

I’m almost hoping she rejects my offer because it’s so complicated, but it kinda seems like it could be a win win.We pay $2600/monthI’d offer her $3k/month ($600k @5% 30year amortization) plus I handle taxes and insurance.