Hi, I would definitely hire a PM since, you are a resident out of state.

I'm currently in the process of closing my first primary residence deal in NYC, and I would like to ask for a piece of advice to the community.The current tenant of the Seller failed to move out by the closing date and the Seller decided to take a legal vacating process.Background- The current tenant of the Seller failed to move out by the closing date and I heard the tenant is avoiding direct communications with the Seller- Not sure from my end if the tenant is willing to moving out but struggling, or maliciously squatting- I have a vacancy contingency in the contract, thus I can back out at my discretion due to this issue, but currently there is no other properties that I want to move on to due to the market condition- The Seller is trying to take a legal action but it will at least take 3 months or longer, no promise to succeedAdvice to ask- My attorney could not negotiate to ask for a penalty for this delay because the penalty for delay was not included in the contract.

Investment Info:Single-family residence buy & hold investment in Evergreen.

Investment Info:Single-family residence wholesale investment.

Hi, I'm working on getting a HELOC on my own personal residence.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.

In CHS, the county assessor has a two page form that you complete and file with the assessor's office, similar to applying for the legal residence exemption. 

Or should I save up separately for my first rental property and keep my personal residence out of this?

@Tasha SmithI would never engage the residents by asking them what fair rent is.