This could work well if you’re looking for steady monthly returns and don’t mind managing tenants (or hiring a property manager).Selling could also make sense if you’d rather use the $500,000 to diversify into other investments, like buying multiple properties or even a short-term rental on the lake as you mentioned.

That might even be enough to make it hard to be hired by a traveling nurse agency.BTW, I am not a lawyer that can give legal advice.

I got into this by accident when i took a job via upwork as a VA  for Vontive and stated at interview  i could lower there costs and stress by automating there lead gen.I automated the lead gen and they didnt need 5 0f the 6 VAs they hired and we cut there costs by nearly 60%.Thats when i realised that you could automate even the cross platform data scraping.Then i got some extra clients from Upwork and now Im on here to help, offer the same and expand to others.going to the recorder office/courtYou only need to go to the physical building if thre is information on the documents that you need but cant view online.

Sounds like you're in the scale/harvesting time so I think you need to determine if this property is something you are happy with the cashflow it would produce as well as the time needed to manage it or hire a property manager, or is it time to take the equity and redeploy it into something more worthwhile like a higher cash flowing investment or creating higher equity in the home you buy down here.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

However, this could be offset by hiring a property management company.

Before we sold it we hired a management company to reduce the burden, but even then we decided to sell and walk away. 

We did all the research and comps ourself and did not hire either an appraiser or an attorney. 

When they decided to inquire about the rescue fund they left me out of all of it then threw me on a call with the lender, rescue fund, an attorney they hired for themselves and a few partners.

Make sure your financing is in place, and consider whether you’ll manage the property yourself or hire a property manager.