If you can't manage what you currently have, you won't manage additional income from investments.

Common deductible expenses include mortgage interest, property management fees, repairs, and even travel expenses related to property management.

I think the LLC also makes it easier to open a local bank account, which is convenient to pay utilities or other local bills or your property manager, etc.  

Your parents can look to reinvest the remaining proceeds into a DST, tenancy in common investment, NNN, that are passively managed.

This highlights why it is also important to manage lease-end dates. 

We would love to work together with a organization that sells the property and has services like rehab network, financing, property management. 

The main downside is being dependent on the HOA—issues like poor management, rising fees, or unexpected assessments can hurt your investment.

Hey all - Stumbled into a new SFR net lease strategy after purchasing my first self-managed SFR in South Florida.

I am looking for a solid real estate agent and eventually will need a home inspector, possible property manager/etc. in regards to the process.I have a few family friends which I am blessed to have mentored me the past few years in this field and I am determined/diligent to learn and grow. 

Are you looking for a house to buy or manage here in Florida, as an airbnb, etc?