We come across a lot of owners super frustrated with their current manager and the main issue seems to be communication, on top of cleaning/maintenance and lack of attention to detail. 

The meetups have been super helpful for those of us who attend regularly. 

If the home is kept up by the homeowner and things are replaced on a regular basis, usually it's not an issue when it comes to finding things that need repair. 

These provide stability and regular income, which can be crucial in retirement.Cash: 5-10%Keep some liquid assets for emergencies and short-term needs.Consider these additional points:Diversification: Spread your investments across different sectors and geographic regions to reduce risk.Tax efficiency: Consider the tax implications of your investment strategy, especially with your high net worth.Regular rebalancing: Adjust your portfolio periodically to maintain your desired asset allocation.Professional advice: Given your high net worth, it's advisable to consult with a financial advisor who can provide personalized recommendations based on your specific situation and goals.Risk management: Consider your risk tolerance and adjust the allocation accordingly.

It is difficult to maintain, it scratches, it warps, it stains, it needs to be cleaned with cleaners made for wood floors, pets tear it up, it transfers noise, it shows wear patterns, etc. 

This way there will no be loose ends and title transfer will be clean, you wont even have to issue a quit claim deed.

One had been rented by the same couple for 7 years, one needed to be cleaned and some repairs, and the other had been in the middle of a remodel when the original owner died and his 4 daughters who couldn't agree on what day of the week it was decided to sell.Based on the square footage (2024) alone, I got a great deal. 85,500 with 10% down and 10% interest.

As a sideline to a regular local self-managing small landlord in my position, oh, very much so.Anyway, Steve, I'll send you a connection request.

I informed the tenant of this and told him I would be happy to write up a new lease agreement to include the landscaping if he would want regular maintenance. 

Hello , l am just starting to rent a property out to section 8 tenant , what are the things to do to minimize/prevent section 8/regular tenants from messing up the rented property .