They shared a lot of their personal and investing journey, lessons learned and successes which made things relatable.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

We also have homestead exemptions where I'm at - which an LLC isn't able to take advantage of - so I would investigate the benefits of that as well when considering selling it to yourself.  

We have offshored our reservations department and have them assisting with reservations related administrative tasks but I believe you will still be extremely involved in the day to day without a PM company. 

They only one benefiting is the architect.  

Not only that but it would give them a taste of their own medicine and may even prevent them from repeating the action in the future.I mean, why pay off a squatter for keys you’re just giving them incentive to repeat it, just pay someone else’s who will benefit you instead. 

How should I include any repairs related to termite report?

It will familiarize you with the basic terminology and benefits.

There's no benefit to starting a PM company just to manage your own investments.

Beginning at the 40:28 mark in that podcast, Jeff discusses something related to the topic you posted.