If you're okay with not having any of those, then hey, they're an amazing free option that your tenants will like.Landlord Software:  Software and platforms designed specifically for landlords and typically have more than just rent collection.-  Pro's:  Additional functionalities, such as tracking maintenance, automated bookkeeping, screening reports, etc. 

Yes, it may go by the income approach but depending on your area, the comp approach may also be factored in. 

@Sherrie Wilson thats a lot of extra money for the cool factor.

@Amanda SkipperTo find reliable property managers and agents for remote work, consider factors like experience with investors, local market knowledge, and remote buyer experience.

Other equally contributing factors you want to consider is the properties positive cashflow, asset appreciation over time, debt service paydown over time, as well as hedging your dollars against inflation - all of which make real estate such a great investment especially when you have the right property!

Many factors involved: 1.

Any amount over your adjusted basis in the property (initial cost minus depreciation) could be subject to capital gains tax unless you reinvest it strategically.2. 1033 Exchange (Involuntary Conversion): A 1033 exchange (involuntary conversion) is specifically designed for situations like fire, natural disasters, or eminent domain.

It's user friendly, with a modern design.

You may be able to factor in certain improvements to your personal residence so when you do move out, you can be eligible to depreciate it.

Yes I have answered this numerous times on other threads, but bullet points:1 - If you are considering a PM, now would be the time to hire as you can lean on them most likely.2 - Look for designers in the area.