I protect my interest with a minority equity position in the entity that holds the property and a clause in the operating agreement that gives me majority ownership in case of a default.

Hi, Cheryl, I know this is an ancient post, but I just happened to run across it and it's still relevant and had no responses, so I figured it wouldn't hurt if I chimed in.I'm a landlord and I operate a lead dust sampling business in Philadelphia, Delaware and Montgomery counties in PA. 

I would just accept that this needs to be a small scale operation involving close friends and family until you have some tangible experience and significant capital of your own.

Landlords mistakenly ASSUME all PMCs offer the exact same services and operate the exact same way, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services.This also leads them to ASSUME simpler is better when it comes to management contracts.

I spoke with the tenant and said the shower will be needing new tile so while the toilet will be operable, the shower won't.

Do you find there to be value for us to still reach out to those brokers who have been around 30 years and are high-level operators? 

I am really interested in the potential that RE investment has to help provide an income for my family and help me slowly build a farming operation that is set up for long-term sustainability.I plan to use my RE license to raise capital and get access to potential rental properties.

Please note, units have to be registered (then renewal annually) with the Department of Planning and Permitting in order to be operated as legal vacation rentals.  

We hired staff that managed and ran it with us overseeing operations with a weekly Zoom call.

As I understand it, there used to be an on-site management company that operated some of the units as a condotel.