So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

I ended up selling that house a few years later and investing in RI due to growing up in the area and having my dad available for repairs and maintenance as I would find, purchase, and handle all of the financing/ tenant responsibilities being an agent in RI and MA.

That's a high entry point.  

Once you have your shortlist, I recommend hiring a professional title company to handle the detailed due diligence.What’s in the Guide?

It might help to connect with local property managers who handle STRs to get a sense of what types of properties perform best. 

I have used this as an entry point for a ton of investors here in the Scranton area and it's a great option to take since you have it!

Consider hiring a pro that can handle this for you.

Getting a tax pro’s help can ensure you don’t miss out on potential savings.Be Prepared for Landlord Life: Living close to your tenants means it’s easy to handle minor repairs and keep an eye on things, but it also means boundaries can blur.

Whatever entity formation service/person you choose to handle your asset protection, before you commit to it, be sure that you have run the entity formation matrix past your taxperson and received a quote for the yearly cost of accounting and tax prep for each shell.

- Do you handle evictions and the legal aspects involved?