Now to provide extra comfort and convenience to our buyers (who are mostly out of state) we agree to help them out by getting them set up with local property management that we work with closely as well as assisting management market the property for rent to place tenants.

Thank you all for your responses I am going to look into managing this one myself to understand more about what goes into managing .

@Gary Abrams A cloud based solution would work really well in your scenario of having other family logging in and helping with management. 

I was delighted with their service and be happy to do a introduction for you to my contact manager (I am not associated with the company nor do I receive a referral fee).No business cards but line of credit yes.Revolving LOC? 

All told, cash flow will be a function of your down payment and your management of the property.FL tourism continues to flourish. 

Look for a team with a strong track record in managing rentals like yours, especially in your target area.

You’ll want to invest in areas that have tenant interest but also aren't on the extreme end of neighborhood quality—this means avoiding the very toughest spots, where turnover can be high and managing tenants can be difficult.

* What is your average rent amount for all properties managed?

I am a broker and property manager up here in Clarksville, TN.

Has anyone come across their property management company creating a "First right of refusal program" for maintenance requests?