Getting a rental license as an out-of-state investor is doable, but you’ll need to manage inspections and compliance.

I'm looking to sell my first home, which I've been renting out for the last 2 1/2 years -- I first contacted my property management company  for seller services, and they initially wanted a year exclusive selling rights.

I’m a real estate investor and the owner of a fairly large property management firm here in Texas.

The only other question I would suggest is that you do engage a property management company to review your quad and review your monthly financials.

And the cost of legal defense , even if successful, will drive the company out of business.   

I own a property management company in WA, including Yakima.Here’s a rough breakdown of costs:- Management: 15-30% of revenue- Cleaning: $100-$200 per turnover- Utilities: $150-$300/month- Maintenance: 5-10% of revenue- Insurance: $1,500-$3,000/yearTools like AirDNA or Mashvisor can give you a solid idea of income and occupancy.

Hi Myles,I found myself managing about 20 rentals through my brokerage at one point.

Looks like most every other all in one management tool.

Information like: Do you want to manage the property yourself, or do you want to pay a property management company to do that for you, is important to know because it will start to narrow your options.If you want to be more of an active investor, finding the deal yourself direct from a seller, doing some of the work yourself to fix it up, and then representing yourself to sell it on your own is probably the most active you can be and will give you the highest return in the shortest amount of time.

Feel confident turning over management.