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You must keep the tenants security deposit at a bank that physically operates a branch office in the State of NC.  

Quote from @Dan Keefe: Hello everyone,I’m a traveling physical therapist but grew up in Maine and am looking to purchase multi families in Biddeford using an FHA and subsequently to house hack in.My question to the Southern Maine community is in regards to the rent data in Biddeford and Saco.

In the past when I am looking for a property manager I google to find all managers with physical offices in close proximity to my properties to narrow my search and ignore all sponsored adds that fake that they are local.Since you have self managed, you will be better equipped to "manage the manager".

If you can find a precedent, that could bolster your argument significantly.Lean on the Physical Details: Four mailboxes, four sewer lines-those are big indicators that the property has been treated as a four-unit for some time.

First time I physically saw the property was the day we closed.We are very happy with the Naples area and besides the STR rentals we use it a couple times a year ourselves.Good luck.

It reminds of the people who go into the casino, and melt down at the table when bust on there last $ and start screaming at the dealer that they "should have" won that hand, gotten so-n-so's card blah-blah-blah....     

I found euroestates.pt, but haven't tested it.When Covid gets under control, I would love to organize a Lisbon physical meetup for real estate investors. 

I look for liens that will be removed or that may stay, ownership history, platting, zoning, exit strategies, cost & profit analyses, and above all else; I physically look over the property.

It would be smart to do a full lease audit, estoppels issued, and tenant interviews.And if you are buying cash, there is nothing mandatory, since it is your money at risk. but again, physical condition inspections, understanding of tenants (they are a great source of information about issues with the property that the landlord may not know or may not disclose), surveys to understand accurate property lines, etc.