Also think about where you can cut costs, can you self manage, find a less expensive property manager, can you bill back expenses to your tenants.

NOTE: most property management software is designed so that any building with more than one unit is categorized as a multi-family property.

If you feel like you’re managing your property manager, it’s a strong sign that the manager may not be the right fit.

Before moving out, test different strategies, automate management (smart locks, cameras, cleaning services), and decide whether to self-manage or hire a property manager.

On the journey, I once sold properties that were 30 minutes away as being too far, and also managed some properties that were 200 miles away. 

We are working with our property manager getting everything ready to go- we are just a few weeks out from going live (fingers crossed).

That affects your loan amount and then principal & interest payment.2) Estimate rents based on recent rental comps3) Account for all operating expenses such as property taxes, insurance, repairs & maintenance (landscaping, snow removal, cleaning etc), property management (if applicable), vacancy, utilities (what does the tenant pay vs what you would pay?)

Its really just management of the loans.  

Managing a rental property can be challenging, especially if it’s your first experience.

- Property Managers that you would highly recommend?