You need to know how to manage risk. 

Would love to hear your thoughts on whether pursuing this adjustment makes sense or if I should reconsider.For reference, I’ve included the following assumptions in my calculations:5% for maintenance3.5% for vacancy10% for capital expenditures and management feesThanks! 

She's our CEO for both our Sales and Property Management companies as well as she co-owns a contracting company with her husband while managing a whole bunch of kiddos!

I understand Vermont has slightly more stringent regulations to contend with but it would also be closer for us geographically and thus potentially easier to manage. 

While that is pretty far from me, the prices there are far more manageable than my current state and would let me deploy my capital a bit better.

So, as some of you may know, I managed to win my eviction hearing and the judge ordered the tenant to pay.Has anyone tried to collect on these judgements? 

Absent them, risk is controllable over time.I self manage a SFH in the Bay Area in a very pro-tenant city (some cities are a little less pro-tenant than others).

Starting out can feel overwhelming, but it's great that you're already thinking about risk management with vacancies.

This is one way to manage costs risk.The ways to own the property besides FHA & conventional loans is with private loans, investor DSCR loans (non owner occupied); seller financing, lease options, partnering with others to take the property down..... 

Hi @Desiree Doubrox sounds like poor management.