Make sure to keep an eye on property management and maintenance to maximize long-term value.

Your accounting background will be a huge asset in analyzing deals and managing finances.

In our experience as a property management company, we allow owners to use home warranties, but they are required to coordinate directly with the warranty company themselves.The main issue we’ve seen is that home warranties can significantly delay even simple repairs.

and I should probably tell them i have a full time property manager? 

Strong property management and careful tenant placement also play a critical role in success here, so I recommend partnering with a turnkey company or an agent who specializes in these areas to make the process smoother.As for rental demand, homes that sit for extended periods are often the result of issues like pricing, condition, or tenant quality—not necessarily a reflection of the market as a whole.

You will require many properties to completely replace your income, which could become a new full-time job to manage.

i am confident i can manage the relatively small amount of requests, and have heard some good things about apps and software that are a "one stop shop" for landlords that allow payment, leases, and repair requests. i have one out of state rental property with a plethora of options for handymen and contractors around. i have been paying a property management company 8% plus all of their inflated costs of repairs and fees and with insurance going up it has really opened my eyes to my margins not as healthy as i would like.do you have a certain product you have used or use or would recommend?

I moved to Florida in 2017 and have been involved in 45+ flips and currently manage over 36 units throughout Tampa Bay.

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I've been having this conversation lately with a lot of the owners I work with as well as those who self-manage.