Because you live on the property, management will be easier.

@Lina TruongStarting with mid-term rentals (MTRs) can feel daunting, but breaking it into steps makes it manageable.

It also includes managing your existing investment well to ensure you aren't bleeding money due to bad tenants, excess maintenance, etc. 

As someone who occasionally works with these investors, I always try to emphasize the challenges that come with real estate like managing renovations, dealing with tenants, and navigating market fluctuations.

I served as the buyer's agent and property manager for my clients under Blue Chariot Realty & Management.

The one's I prefer handle everything in house, from purchasing the home, renovating it, renting it, then selling to an investor then managing for them on the back end.

They go through a management company, M.

Next question.... will you self-manage it, or turn it over to a professional management company, or some type of hybrid? 

We negotiated a deal with the owner for 20% Equity, we are responsible for infilling the community as well as property management (which we also get paid separately for).

The current one lasted 8 years and needs to be replaced (as per what our property manager is saying)I heard front loaders could leak, so I typically only do top loaders for rentals.