I hired a contractor with a solid reputation for working with international investors, and we agreed on a total cost of $495K, to be paid in stages.

I dont know how many units you are talking about, my biggest problem was tenants having easy access to me.I finally decided to use a software and got an internal property manager so moved away from it.Currently setting up the maintenance request portion of it, so will see how it goes.

It's Dec. 2024 and, while the house is built, septic still needs to be installed, exterior grounds, and internal trim and appliances are yet to be completed. 

Relying on someone who has their 'own team' to run your rental business is a severe lack of internal controls in my opinion.

.- Do you want to manage the new system internally or have an outside vendor manage it for you for a small fee.- Would you be requiring custom changes often to your digital workflow?

@Maegan Quaife, Of the 4 prongs of the Internal Rate of return 2 of them are very high for you - cash flow and amortization of the loan. 

I also work with normal buyers and sellers as well as with OOS and International investors. 

That I can make something of myself in this world, and give a better life to my children and If I am lucky to find great fortune, invest for the betterment of my local home town.What I can say to new investors who are looking to get started, be carful who you trust, and if you come from nothing like me understand nobody cares - and this lofty idea of chasing the American dream is an internalized emotion not many can relate to, especially in this field where some people some from old money, and have multi million dollars... they simply cannot relate to you.

My Property manager wanted to change the internals.

This is partially offset by high international immigration and births.