If you're already in a secure financial position, leveraging your equity could be a smart strategy.

The company managing our property as a vacation rental was unable to get the power turned on in our condo for months because we had to get the meter switched into our name with the electric company (which is much more difficult to do in CR than in the United States).

We had to pay a biohazard company over $9k for a thorough clean up.

With technology and the right culture property management companies can be successful with a mix of local and remote team members. 

btw, i did not pay that much for sure, but i got what i want... without a mean management company. lol

Don't hire the first company that presents a lot of sleek Razzle dazzle.

Before we sold it we hired a management company to reduce the burden, but even then we decided to sell and walk away. 

Late payments, property damage, and evictions are avoidable when you have a PM who knows how to find reliable renters.I encourage you to seek out a property management company that emphasizes tenant screening and uses modern tools for verification.

Purchase price: $187,000 Cash invested: $15,000 Sale price: $259,000 I got tired of moving place to place and worrying about finding roommate, security deposits and not having enough money to deal with maintaining someone elses home.

You can reach out to the Title company and see if there are any funds remaining for dispersement, if so then ask if there is a way to make a claim to those funds.