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?

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.

-I will be using the data analytics for the City in this post, in the next I'll focus on MSA numbers-Winston's annual population growth rate is sitting around 0.39% which is meh, 1.17% growth since the 2020 Consensus has been recorded.

Foreclosing on someone is the "Big Bad Wolf" until you have done it a few times.

Some states AK DE FL GA HI IL NV VI DC you also need property manager license which is 24 hour class, pass, and pay annually.

The 6.875% 7/1 ARM offers a lower initial interest rate, potentially saving you money on monthly payments for the first seven years, but after that, the interest rate can adjust annually based on market factors.

Getting 100% of rental income, appreciation, loan pay down, and depreciation for 20% down makes 10% annual roi easy to destroy.  2.

Same goes for Electrical as the codes are changed annually. 

Worth market a good rule of thumb for new investors I recommend annual landlord insurance at $1200 per year.