Obviously you may need to wait until their current lease ends unless they are month to month or unless the existing lease allows you to terminate it because of the sale. 2.

We obviously handle the ones near us in-house, but hiring someone in another market to work one day a month is a bit of an odd task.My guess is that remote property management companies need to have a sort of Swiss-army-knife person in the area that can do many variable tasks for them and works on an hourly basis as there may not always be things to do, but I don't know that for a fact.How do remote/long-distance property management companies overcome the challenges of not being in the area?

Two of the rentals are located in the mountains where it snows and have large decks, they are very high maintenance so I’d like to get out of those if possible.In the three SoCal houses total I’m now looking at 703k equity (Split among the houses- 162k, 204k and 336k).

Obviously this is a very broad question, but I’m just hoping for some examples of what I could realistically be expecting after investing in rentals for around 10 years. 

There are obviously other metrics that have to be met, such as the gross monthly rent has to be equal to greater than the total principal, interest, taxes, and insurance; that is the debt service coverage ratio (DSCR).

(Some of us have more than one...)So here you are.Your first step should be to get the facts and then reassess your options.You'll need realistic and accurate estimates of your ARV, your remaining repair expense, market rent, and total projected holding costs.If you run your numbers and you can still make this work as a rental, then great!

I was totally worng.

We have a huge influx of people buying in NH at the moment, obviously mostly short-term COVID-related, however I do feel this will be pretty sustained, now that so many people are questioning city life and have realized it IS possible to work from home, so why not do so in an incredibly beautiful place with hardly any crime and tons of outdoor activities?

Obviously a huge opportunity for a reliable and consistent renter. 

(Obviously, depends on the neighborhood and I know there is a good amount of crime)I could fly out to buy/live there for a while to get it fixed/rented since I'm taking a break from work.