Is the property & tenants mostly easy to manage or is it taking up a lot of your time?

Question... how do you see yourself in relationship to the financial management of your rental business? 

My managment company has made more than a reasonable amount of attempts to get the HOA to have this repaired. 

Refinanced in 2023 and cashed out $40,000 to reinvest○ Address -  Mount Laurel NJ. 05054○ Managed by a property manager.○ Purchase Date - 10-15-2020○ Purchase Price - $230,000○ Original CoC 4.8%○ Current CoC 15.04%○ Current Value - $400,000How did you finance this deal?

As stated on their gov website: “FHFA is responsible for the overall management of Fannie Mae and Freddie Mac and has informed the Enterprises which decision-making functions should be performed by the Enterprises' boards of directors and/or management teams.

It's way easier when you have a turnover.My wife could manage this and she's hands off with the tenants. 

I will no longer manage furnished long term rentals. 

I also have family ties in the real-estate industry; my uncle was the project manager for a county in GA, and another family member is the CEO of an architecture firm. 

And the hardest part of all this is finding sufficient labor to rehab/manage the property. 

The property sold for $154,900 on 2/7/25, delivering a successful outcome thanks to strategic updates and efficient project management.