Local property managers or agents can often provide trusted referrals, and real estate meetups are also great for connections.Wishing you the best!

If you’re looking for steady rental demand and manageable property prices, it’s worth considering.Best of luck with your search!

Sees a lot of off market stuff because he is a property manager as well.The toughest part about investing outside of your locality is finding boots on the ground that you can trust.

My goal would be to start within 1-2 years and get some more experience with the construction process, project management, financing/budgeting, etc.

But, if a cost-seg study is done on the old property, you can manage Sec. 1245 recapture tax by doing a study on the new property to confirm it has as much or more Sec. 1245 property.You cannot swap a fully depreciated gas station for a raw piece of land and avoid recapture - you must replace all the 1245 and 1250 property.3) OZ - Sure you can defer your capital gains for a few years into an OZ fund, but the magic of OZ investments is the ability to achieve tax-exempt growth after a 10-year holding period.

, 2) it manages the properties directly so there are many hands in the cookie jar, and 3) how/when/impact if "they" decide to liquidate properties and what would be the exact impact to me? 

The title company will handle clearing the title but won’t manage personal agreements.

I have several really good lawyers we use, you can PM me if you want info on them ... and if you'd like to talk property management reach out.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

The only other options I can see are A) your mom partnering with you rather then selling the property to you - you become 50% owner and bring the funds and management to the rental while she provides the existing equity as her contribution; or B) your mom lending you the rehab cash out of her personal funds while also seller financing the house to you.