Do they bill the fees monthly or annually?

The inspection is repeated either annually or biannually (or anytime the tenant complains).

So I have 3 STR (3.5%) that are avg $60,000 annually in gross rentals and want to scale but w/interest rates higher, I don't want to cash out refi...any thoughts on how to leverage these assets to purchase 4,5,6 property's?

If the housing authority stopped paying then it could be because for many reasons but my best guess would be it failed the annual inspection and work is needed. 

What he had originally told me is that once you hit the $250k threshold, you'll need a company to file annual reports for you.

**Excludes dissolutions outside of Nevada & Wyoming, as well as any state filing fees or shipping costs.LLC FULL SERVICE FORMATIONOperating AgreementsMembership CertificatesMembership LedgersState and IRS filingsCorporate Record Book Kit REGISTERED AGENTAccept and Forward Tax DocumentsAccept and File Compliance DocumentsRespond to Service of Process NotificationsHelp Make Sure Businesses Are i n Good StandingRenews annually at $135 per year per Entity

I'm conducting research for an MBA project and am trying to do a bottom-up analysis of the residential real estate, property management market and what percentage of that market is comprised of properties with out-of-state land lords.The very specific question I am looking to answer is how many landlords own rental properties out of state, and how much do those landlords pay to management companies annually?

Yes, homeowner's insurance is not cheap, but it's also relative (Insurance on my rental in Winter Park is only $1,800 annually).

It sounds like you learned a TON and still made money.On the topic of financials, would you mind sharing what your (annualized) cash-on-cash return was from this deal?

Next step you are selling off the annual option payment.