Leasing is a specialized skill—PMs deal with this daily, making them far better equipped to handle applications, verify income, conduct background checks, and evaluate a tenant’s overall suitability.Protecting Your Investment:The cost of a bad tenant can be far greater than the cost of hiring a professional.

Toby - getting your license for self representation of you're planning on doing a lot of deals is a good option.1) You have to hang your license with a broker unless you have a brokers license.

What made you interested in investing in this type of deal?

Unless you plan to sell one of these in the next 5 years, you'll probably get a better deal if you try to refi both of them at the same time.

They shop around for me and find me the best deal.

I'm located in Lewes, DE but the joys of the commercial world I can help make deals happen all over!

How are deals like this usually structured? 

What made you interested in investing in this type of deal?

Cash invested: $60,000 656 sq foot, 1 BR Condo What made you interested in investing in this type of deal?

@Ben SyzekFor long term rentals in Colorado Springs you will need to find a deal at 50% ARV (This is very hard) or do a large down payment of 25-35%.