I attempted to contact them multiple times but they wouldn't respond to attempts, I'm talking weeks with no response, so I hired another PM who went over and said the house was undisturbed and nothing was broken. 

The other challenge is selling it, there is a smaller buyer pool for hospitality in a small market but that was known going in Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

@Jason Lopez You don’t need an LLC to rent out a house in San Antonio, TX, but it can provide liability protection by separating your personal assets from your rental property.

To update an old post, I found this information on the Fannie May website (https://selling-guide.fanniemae.com/sel/b3-3.1-09/other-sour...)

For Example:  All Blue houses make more money.Lots of times, I tell people not to trust me, since my topics can be vetted, plus I don't know their personal situations.Just surprised that people on the Forum don't have more Podcast visits referenced in their bylines. 

I mainly want to ask if these assumptions are reasonable and if there's anything I haven't considered:(1) multifamily units in NJ close to New York City, ~$1,000,000, 20% down payment, (2) Using the following assumptions: 4% appreciation rate, 6.5% interest rate and 5.0% refinance after 5 years, $10,000 yearly maintenance fee(3) ~$6,000 monthly rental and assume 3% increase yearly with 5% vacancy rate(4) Based on the above, the calculated IRR if selling at the 10th year is ~19% (considering tax benefits) and ~17% (without tax benefits).

Purchase price: $110,000 Cash invested: $30,000 Hobby Farm On 10 acres2300 sq ft house with 8 out buildings - Large Barn, Animal/hog barn, Mid-size machine shed (2) 25' x 35' / 30' x 50', Large Machine shed 60' x 60', Grainery barn, Entertainment Barn, 3 car garage What made you interested in investing in this type of deal?

I've been living in my current house hack for ~1.5, and I placed my tenants in September 2023 (lease is up at the end of August).

It's the concept of buying the debt attached to the mortgage rather than buying the house. 

You can't uphold your fiduciary duties while wholesaling a house.