While you can’t completely control who applies to live in your properties, you most definitely can find areas that are popular with students, young professionals, families, etc. 4) just as important as finding the property, you need to have an exit strategy in mind for the property.

The filing means the BK trustee now controls all of the assets of the debtor.

Yes that seems like the route I will take as prices are out of control where I am.

Hey mate,Agreed that many PM's suck and it's very hard to find a good one.But I also believe that managing out of state is suicide.Do your best to control the emotions and to think smart in moments of despair 🙏Take the time in finding another trusted PM.Just my opinion.Much success.

I had to do some serious damage control, smoothing things over and assuring them that I had their backs.

Once they realize that you are firm and willing to walk away, then you control the deal by giving the buyer the opportunity for them to purchase their own appraisal. 

They're out of everyone's control as investors. 

And if you have areas say in the basement where you want to make it uncomfortable for the mice there are some flashing light devices you can get.

To determine which choice is best for your scenario, compare terms, interest rates, and down payment requirements.Assessing Out-of-State Investing: Investigating out-of-state markets might give access to more reasonably priced properties, larger cash flow possibilities, and better diversity, even though local investing may offer familiarity and control.

In other words, I don't advocate to working for a good CPA and trusting them to do it... their job is to fill in the right forms but you need to be in control as the owner and not let the consultant dictate the scope of work.