Employing the services of a property manager can help boost your business as they provide support in handling the property and could also co-host the property along you.

I'm local to your area, and would like to connect in case you have any future questions or would like to have someone handle your leasing of the larger unit once you're ready. 

You cannot typically have more than one FHA at a time but yeah you can buy back in if your credit score is adequate and your budget can handle the cost of a second mortgage. 

If you don't have a good handle on what you currently make, you won't be able to handle investment property.If you want to live like no one else, then you have to live like no one else.

Also, having a loan servicer handle the logistics will make it easier to manage the transaction while ensuring that taxes and insurance are handled correctly.Always consult with a real estate attorney to ensure that your seller financing agreement complies with state and federal laws.

We also show properties in person, whereas I believe Nomad uses the "unattended showing" approach.I can't speak for everyone, but my clients seem to really value the fact that RES handles everything for them. 

Reciprocity is key to building lasting relationships.As you look to expand into short-term rentals (STRs), research the market thoroughly, understand local regulations, and consider whether you want to handle property management yourself or hire a professional.Remember, growing a real estate portfolio takes time and persistence.

I am hoping that one integrated system can handle both functions.

Specifically handling liens that builder did not pay subtractors. 

You'll need a reliable network of local professionals (plumbers, electricians, handymen) you can trust.Hiring a Property Manager:Peace of Mind: They handle day-to-day operations, tenant communications, and legal compliance.Local Expertise: They understand the local market trends and rental laws in Colorado Springs.Cost: While there’s a fee, many find it worth the reduction in stress and time commitment.Lessons Learned from ExperienceBuild a Strong Local Team: Even if you manage the property yourself, having a dependable local handyman and a real estate attorney can save you headaches.Leverage Technology: Utilize property management software for rent collection, maintenance requests, and tenant screening.