I recommend reading “Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties” - I found it to be very helpful when I got started investing 2.5 years ago.

And if you are need of MTR management services, my company, Island Stays Hawaii, provides premier STR and MTR management services.   

Your account structure depends on your goals for growth and if you plan to self-manage or hire a PM.

Sometimes, I see investors lean into property managers who know the landscape and can “drive for dollars” around the block.

I will be furnishing one side for now and leasing to a mid term rental until i get a property management company that will work the property or get it leased out to students What was the outcome?

Cash Flow Management: If you take out additional debt, it's crucial to have a plan for managing your cash flow. 4.

The way that I have done this in Costa Rica has been to bring in several partners on a high end luxury property who would like to own a part of a property that they can use and enjoy but that they don’t have to manage by themselves.Each of the properties that I own are at a million or higher or will be soon. 

In terms of property management, she mentioned that she has her own property management company.

My focus is shifting from cash flow to equity management as well as our portfolio mix.

Start with a good property manager.