@Jordan Moorhead I would think that would be less of a necessity these days.

Hard to recommend a PM without more details of the propertymany PMs are better in one tenant class and building size than anotherAssuming C class sub 1k rents i use SJL Properties and have been pleased, but they are better in that rent by necessity space sub 60 units

Keep in mind that while you said that you don't have super solid financials just yet - skin in the game from you will be a necessity.

Hi BP,I am in the process of closing on my first rental property and I was wondering if having a home warranty is an absolute necessity.

Not all is necessity but thought this to be the easiest.

My long term picture is to have rentals paying for necessities and then I'd wholesale & fix & flip for short term capital - kinda like work "bonuses"

They are created for economic necessity or economic benefit reasons.

My contractor / inspector is trying to convince me it’s a moral necessity to update due to possible fire.

At that point, I am also starting to doubt the necessity of a reno loan which was pushed hard by the agents.

I'm on a major budget, so I collected most of my furniture off Craigslist & Facebook Marketplace and bought all the essentials and necessities.