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.

Hi all,I'm making a trip to KS (from CO) in a few weeks and will be seriously considering a few properties to be used as BRRR's and for mid term rentals.Question for this group:a. Anyone in this area? Or invest in the...

Didn't want it to be a health hazard.Owner had the house checked out prior because they had the same concern actually.

Think of it like trying to save money on a doctor and potentially jeopardizing your health just to save a few bucks.

Is he in good health?

Currently, one of my long-term employees is on the brink of financial bankruptcy due to the significant health care costs associated with her teenage daughter’s severe mental health illness.

And the health dept (i.e septic permits) is down about the same if not a little more. 

I know it depends on the policy, but the house is completely destroyed and cannot be sold, ive lost lots of money already and this is affecting my mental health.

At a very base level, make sure the property is up to health and safety codes for your location. 

Over the past few years, my wife and I have worked hard to improve our financial health—we’ve raised our credit scores above 800, paid off all debt except for our mortgage and student loans, and saved a fair amount.