.($175,000 / 20% = $875,000)Of course, the buyer can put less than 20% down and pay private mortgage insurance, but let’s say they really want to put 20% down.As a seller, you have now reduced the pool of buyers who can pay $1M for your home since the buyer needs to save more money to reach a $1M purchase price.So, would you rather make $875k and “save” money on commission, or make $975k and just pay their agent?

Rents will go up and your biggest mistake was to buy a nice house in a desirable neighborhood.The real threat is buying in the hood, leveraged up to the gills, maybe even with hard money, tenants are bleeding you dry, while you are writing checks to attorneys and contractors.Milwaukee is getting a lot of attention lately: cash flow is still better than most places and appreciation is stable at 5-8%.

In many states If the tree falls on her property she’ll have to make a claim with her insurance, not yours. 

.- LTR properties often have more stable income streams, but they might not offer the same level of cash flow as a well-managed STR.

@Tony ThomasIt will only cost you money for licenses, insurance etc.

As it's me to me, I wouldn't need title search and title insurance and such.

Do understand that you will have to pay mortgage insurance and the rate will be much higher then if you put down 20% or more. https://singlefamily.fanniemae.com/media/20786/display

IF you have a recorded mortgage and it was a normal sale handled by a title company and the buyer wanted title insurance then you would have had to be paid off and signed a mortgage release or a reconveyance deed.One way or the other if you want some constructive help you need to clarify what you actually did..

I would only suggest a property management company set up if you are not working for an employer and are interested in retirement account contributions + deducting health insurance costs.If you are already working for an employer who is providing a retirment account plan + subsidizing health insurance costs, in my opinion, no point in setting it up.

You'll be able to garnish wages up to a certain point, hopefully they are gainfully employed in a stable area that would allow you to do this.