Many of these homes in the midwest can be old, and have deferred maintenance and the management of these assets (ie. handling Detroit winters) is often where the deal is made or missed.

Quote from @Sameul Ahsan: You just handled the introduction part!

I do not know how they are handling new customers verse the Midland existing customers.Regarding the customer service it seems the people I dealt with are still employed and only my "personal rep" as it were, was promoted and another took her place.

Long-Term Wealth Building: Holding onto the property can contribute to building long-term wealth through both appreciation and rental income.Cons of Renting: Property Management: They’ll need to manage tenants, handle maintenance, and deal with potential vacancy periods.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

How would you handle the situation if you ever encountered one?

Consider managing remotely you'll have to be willing to travel 3 hours when needed or find a way to handle it virtually.

Also, note that if you use a loan servicer, some can’t handle compound interest.

Some other investors had purchased it to flip it and decided they had too many projects going to handle one this big.

Even if you handle management yourself, budget at least 10% for property management costs so you’re already prepared to scale.