There are a lot of costs to sell and I would argue you’re in a good position to hold for the long haul.

, Would the seller consider keeping a partial equity position and retain prop management duties?

@Cory MeliousGiven the clear lease addendum and initialed acknowledgment of the rules, you’re in a strong position to recoup at least part of the repair costs from these tenants.

In retrospect, some yellow flags found by the property manager during the tenant screening are now bright red flashing sirens, but the tenant showed decent credit, had a positive previous landlord reference, wrote a charming cover letter in his application, and applied through the referral of a reputable real estate agent.

Bellhaven and Fondren agreed price points for sure in Fondren probably dont work for most buy and hold I need to have positive cash flow with 20% down investors.. 

I have done well in the construction industry and am now in a position to pursue real estate investing full time.

I am trying to be positive and understand that this is possible, but I am not honestly seeing how this is easy for others and not me.

I have a nice hi-rise condo unit and I get tons of companies asking if I do MTRs for Visiting Nurses, Tech Professionals, etc.My place is positioned near a number of large DC Metro Hospitals, but since covid work-from-home and recent lift of Eviction Moritorium, I have had few people with jobs, but a ton of people recently evicted looking to rent my place.The one viable group - visiting nurses has been excluded because my HOA will not allow short or mid-term rentals (anything less than one year is a No-No).They claim too many transient tenants cause excessive wear and tear on the property and too many people using resources like the gym, or pool or common areas.I think that's a lot of horse waste!

@Errol Graham you're in a tough position - too small for better software systems, but getting too big for spreadsheets.Stessa may be a decent option, as you should be able to track your accounting so you don't miss something or double enter a bill.Depending on the cost of QuickBooks, you may want to look into Buildium.

Don’t put yourself in a position where buying rentals creates a financial hardship.