I would guess an older home might be more cost to insure?

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

It's still a tough market to find cashflow but definitely more doable than areas close to Boston.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

So more of a hands-on business than a straightforward lease.We haven't put any money down or invested, thus take the above with a grain of salt.

@Jacob Riddle here's some copy & paste info you  hopefully find helpful!

Your name and credit would stay with the existing note, which you would keep paying on - ideally yourself with money you receive from the "buyer", because if they don't pay your credit is wrecked and your house is in foreclosure.If you search on here you'll see everyone and their brother looking to do Subto and it's a nightmare unless the buyer has the funds to pay the note off if/when the original lender figures out you don't occupy the property any more and are attempting to do what you want to do, since most loans are going to specify that performance.  

As a PM, his team would be familiar with areas and could help underwrite the property and take care of the day to day headaches. 

Welcome Alana, you will find a lot of helpful people on this platform.

He gave me the owner's number (Jeff) and I called him on the spot, hoping to be able to offer my services to help him find and sell more homes in the neighborhood.