A lot of times the contract period is actually when an agents expertise and experience is the most valuable to a buyer.

Alternative rent models (STR, MTR, rent by room, etc.) do not necessarily do better and are more work.  

.- Once your time is more impotant to you then the cost of a PMC, you can hire one.2) Hire a PMC to guide you on your first rental and learn from their expertise.- You can buy additional properties and DIY manage those, perhaps leaning on the PMC for any issues you're not sure how to handle on your own.Good luck:)

Hey @Marie Copul, since you want to leave your job, I recommend focusing on a high cash flow business model within REI to begin with before getting into the lower cash flow (wealth building) models.So, flipping and wholesaling are the typical high cash flow models within REI.

I am joining to help/support others with their journey and also help me ACCELERATE my REI investing through peer support, coaching, and preferable has a model to follow based on one's goals.

I'm happy to share any local expertise about investing in the area and get you connected with good folks here.Chris

I've done the "Gator" method many years ago not thinking it'd be shilled as a scalable business model.

Work out a fair revenue-sharing model, such as a flat lease or percentage of profits, and consider hiring a property manager for oversight.This post does not create a CPA-Client relationship.

Would you recommend the PadSplit business model to others?

But I would not have the expertise of setting it up the best possible way for my specific needs.