Get yourself a fancy CRM system to handle all that precious investor data.

The seller has a hired hand who handles snow removal, each property has trash and it's taken care of.

By working closely with our partner Rodney Lomax, we ensured that all financial aspects were handled smoothly, enabling a fast transaction with minimal hurdles.

Hi Nancy, I handle the northern part of the Jersey shore and may be able to help you with STR properties.Have you looked at any towns in Monmouth or Ocean county yet? 

Once you have all of these processes being handled by a PM, you can finally afford the one item all investors seek when managing a property that you simply cannot put a price on: peace of mind.

Working with a CPA who understands both U.S. and international tax laws is crucial.Property Management: Since you might be managing from afar, it’s essential to find a reliable property management company that can handle the day-to-day operations for you.If you’re open to other markets, I’d also suggest exploring places like Indianapolis, where the market is investor-friendly with strong cash flow potential.

But if you need more cash in hand now and can handle the higher fees and reduced cash flow, option 1 could make sense.As for shopping around, it might be worth getting a few more quotes, especially if you think you can find something that combines the best of both worlds—a decent LTV and lower fees.Hope this helps!

The loss is typically treated as a short-term capital loss, which can directly offset short-term capital gains, and up to $3,000 of any excess loss can offset other income.Consult a tax professional to ensure you're handling this correctly and maximizing your potential tax benefits.However, if you lose the money you pay to buy the debt, the deduction from the loss doesn't equate to tax savings dollar for dollar. 

If it was me I would allow the tenant to handle the situation, but since you are asking the question, I would say an addendum is probably a good idea either direction you decide to go in, just so it's clearly spelled out to everyone.

For the syndicators that also offer mentorship, who on the syndication side handles the items you need help with?