BTW: most owners that have hired a PMC, don't want to speak with you, much less meet with you in person to hear a hyped-up sales pitch.Also, you want to do rental arbitrage - so, you will need to be properly licensed to manage properties you do not own as required by your state & local laws.- why would an owner want to do business with someone NOT properly licensed?

Speak to lenders, have a nice package together: they will want an SREO, your background, your assets/ income etc, they will want your "business plan", your underwriting, your capex breakdown line by line. 

Pick one that is improving, homes being renovated and flipped, vacant storefronts being turned into cool coffee shops etc.Good luck.

Start by attending real estate meetups, BiggerPockets forums, and local investor groups to connect with potential partners.

Originally posted by @Jorge Borjas:@Eliot M.

But by putting it into a broadly diversified index fund like others have mentioned, you'll get the higher "expected" returns of the stock market.  

You may have to get approved by the ANC commission as well.

Either way, clear communication with the guests about who’s managing the property is key to keeping reviews and satisfaction high.Permit Timing:The permit delay makes things tougher, but if you buy the furniture and keep future bookings, you might be able to use that time to update décor piece by piece without fully shutting down operations.

Regardless of your approach, forming an LLC is the smartest choice for protecting yourself from potential liability caused by the numerous tenants you will be hosting in your property.

I am with Suncoast currently.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.