. :)  (Keep in mind the home is worth $500k ) Why?

Quote from @Emma Johnson: Yes I checked It is listed as an option on their website everything online looks legit.

Connecting with local real estate investor groups, attending meetups and conferences, either in person or online, can give you advice + support as well!

If you don't mind me asking do you rent out to market tenants or section 8?

However, if you can find properties where you can add significant value, this method could still work well in the long run—it’s just something to be mindful of in your overall plan.With $160k in available cash, you’re in a great position to start purchasing your next property or two.

You are only really assessing based on CAP rate which tells me you are only looking online and assuming their CAPs are correct.

And if my credit hadn't been good enough, they could have charged me twice that much.I had to have enough money to travel back and forth to interviews with the property manager, and the housing authority interviews, too.So, my point is that - you can be really picky, even if you agree to accept Section 8 tenants.But, if your property is the type of property where nobody in their right minds would rent it - unless they had absolutely no other options - then don't buy that property in the first place.If it's too late for the above, then try to be super picky.

Since it’s a single-member LLC, the IRS disregards it as a separate tax entity, which means there typically aren’t any capital gains or other tax consequences when moving the property to your personal name.However, keep in mind that if you have financed the property, transferring it may impact the loan terms, and expenses like interest and property taxes might not significantly affect your overall tax situation.

This would give you more legal standing if they don’t leave on time.Walkthrough: Ensure you do a thorough walkthrough with your general contractor once the seller is fully out to assess any new damage or necessary changes to the scope of work.Planning ahead like this will give you peace of mind and reduce the chances of things going sideways during the transition!

I would go online and check other rentals in your area to see what other management companies are out there, and start contacting them.