If your place is uninhabitable, tenants can end the lease or withhold rent until it’s livable, but I like to keep things friendly by offering a temporary rent reduction or helping them find a short-term solution.

This is an insanely low price.

Almost everyone has their focus on spotting low prices.

I have taken my real estate agent course work and plan to take the exam and sign on with a low cost broker to handle my own transactions.

hey tim, i should have been more clear. i will be doing all of the property management per se, just looking for an organizational tool via an app or software that will consolidate the communication for my duties. i only have one out of state property and just dont think the amount paid is worth the relatively low stress of this specific quality property and tenant pool. i will look into stessa and buildium- thank you for the recs!

Sorry for the following Contrarian advice, but you're not a 5 year old so:The only reason to buy a personal residence (Home) is because someone is forcing you to.Usually, this person is called your Spouse (which is Latin for someone who forces you to make horrible financial decisions then criticizes you for them endlessly:)perhaps DON'T buy a home, just rent something affordable and invest the 20% or in your case 50% into the stock market (sp500 16.1% yearly return last 15 years, 11% last 50 years, 10% last 125 years)remember, your RENT is your maximum monthly housing expense, but your Mortgage is your minimum or starting monthly housing cost, it always goes up from thereI've, owned 2 personal homes, 100% appreciation in 6years on #1 and in 7 years on #2, (I timed our market perfectly both times), with 20% down and very low mortgage rates, but after honestly calculating all expenses, only made about 5-6% a year "investment wise".

Regarding PMCs that charge flat fees, many charge those "low" fees whether a property is vacant or occupied, tenant paying or not.-- This doesn't really align the PMC's interests with the owners:(Regarding why it's taking so long for your PMC to get your property RentReady - how are they making MORE money by taking longer?

@Allan Smith We've seen SFH properties with a purchase price as low as $150,000 benefit from a cost segregation study.

Almost every syndication and fund out there has been built on low-interest rates and their strategies don't allow for much margin of error.

. $480,000 sales price, and all 8 units are rented out at $750 but could easily be raised to high 800's or even low 900's.