We have grossed $300k in revenue over the first 12 months of operation, at a ~50% profit margin.

You are training the tenant on exactly how to $crew the next LL.  

Landlords mistakenly ASSUME all PMCs offer the exact same services and operate the exact same way, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services.This also leads them to ASSUME simpler is better when it comes to management contracts.

Property owners remain responsible for operations and maintenance, only because they retain full ownership.

Servicers have merged and operate on thin margins.Refinancing with a credit union or bank doesn't solve the problem.

I've been doing this 20 years, so know how to operate these.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Magistrate Judge Aileen Goldman Durrett on December 4, 2024.According to information presented in court, beginning in 2017, Espinosa, Smith, and Baltazar, along with others, are alleged to have operated a mortgage fraud scheme using various companies, including Short Sale Queen, L.L.C.

One thing to consider since you are a California resident investing is the compliance requirements for LLCs incorporated in California or operating as a foreign entity here - the rules here are different than most states.  

It can be trained to provide an initial analysis but I agree, nothing replaces expertise and sound underwriting.