Stay updated on local rent control laws and consider hiring legal advisors to navigate regulations. 6.

Property Management Consideration:If you choose to invest out-of-state, hiring a property management company is almost essential.

Consider hiring a property manager next time if not just because they have the tools and processes to reduce the risk of this and move quickly to execute on a problem.

The best part is they are buying these homes with a little as 5% down, they are being taught how to self manage,  and are given the systems to be on auto pilot with out having to hire PM.  

I ask if they would rent to them again or hire them again.

What would it cost to hire PM?

For example, hiring a handyman to do some work instead of a contractor. 

But, if I were a financial advisor or capital raiser for hire, would I want to risk my reputation with my investors on you?  

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

Hired a property management company.2.