I completely understand the importance of maintaining a professional relationship with tenants, and I will definitely keep that in mind.To answer your questions, I am still working on narrowing down my price range, but I’m aiming for something budget-friendly as this will be my first purchase.

Security is too basic and important an issue for the technology to fail.

The first impression is always very important.

As everyone has mentioned being proactive before your property sells will be important. 

It's important to get to know your team and trust them before moving forward. 

So eventually this negative cash flow property becomes cash flow positive and pays for itself including property taxes, hoa, mortgage etc.Trying to calculate how bad is my investment here or should i sell out if there is appreciation 

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Hey Deirdre,To address your questions:Providing freedom by handling day-to-day operations.Offering peace of mind through proactive maintenance and tenant communication.Reducing risks by staying ahead of legal requirements, tenant screening, and dispute resolution.Enhancing the bottom line by identifying cost-saving opportunities while ensuring tenant satisfaction to reduce turnover.Is the experience still important when the property thrives financially?

I would notify her in person and in writing (big note on her door) including quoting the clause in the lease where she is responsible, and tell her you will be inspecting to insure the heat remains on, high enough to protect your unit, or she will be breaking the terms of her lease and also liable for any damage done in the downstairs unit as well.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.