Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

I spoke with an investor yesterday, while I was driving, who asked me to exactly explain the equation for Cap rate.

In my market, buyers are looking for about 12% or more in gross rental income relative to purchase price, so if you have a $500K property that's only doing $40K/yr under the current management, don't post rental history (though most buyers will ask for it, so be prepared to explain why it's performing the way it is).Also, network with agents who specialize in STRs. 

The electrician that inspected explained to me that there was some cloth wiring present, but it was all grounded, making it safe.

Can someone please explain the process or is there any resource to learn about this peocess?

Explains a lot about different ways they operate and what you can do to ensure a good relationship, good work, and reasonable prices.

If you think you can have a rational discussion with him, maybe you should explain you're thinking to him.

Some of that information is at With $50,000 you can buy 3 Properties in 2024 – These are the Best Marketshttps://www.biggerpockets.com/forums/311/topics/1166342-with...You can have multiple locations fairly quickly, we explain how, and then you can market to traveling nurses & professionals in a very profitable manner. 

In your situation, it is cost savings renting, which you explained makes a big deal in your quality of life.

None of this is true in todays market though, you pay more per month to buy than rent anywhere in our area & frankly the country at this point, so it takes time for both having bought to be worth it and to move out and make cash flow, there are very few if any properties that are “value add anymore” I’d know because I look At 17 counties daily for deals & if there’s one I’d have bought one, heloc’s are bad debt ar this point, usually double digit debt, again all of these issues are solved with those but if your gonna live somewhere for a year or two he would probably rent and no amount of realtor ******** changes that, this market is different than a low interest rate environment and people owe thier clients at least to properly explain that to them.