All contact, maintenance, inspection, lease, anything is handled in a queue....not a call.

When ready, start with a small property, near home, with enough capital in reserve to handle adversity.  

We agreed to address the issues left by the previous tenant and you did not want us to handle it.

If things get tricky, consulting a local attorney experienced in landlord-tenant issues can help you handle the situation properly.

.- Risk Awareness: Flood zone designations still help people understand general flood risks in their area.Elevation still matters under Risk Rating 2.0, but its role is handled differently compared to the old system.Under the old system, elevation certificates were often required to calculate insurance rates.

This gives you a foundation for making a fair offer.Secure Financing: Be prepared to show you’re a serious buyer with funding lined up, whether through cash, traditional financing, or a creative option like seller financing.Have a Strategy for Repairs or Development: If the property is distressed, outline how you’ll handle improvements to bring it back to productive use.

From a personal standpoint I target 70% LTV for any investment I have that way gives me ability to sell it if I need tooI'm Canadian so it a T4 up here and yes I'm I high earner who can handle vacancies if need be. 

I’ve handled almost every aspect of renovations myself—plumbing, tiling, painting, drywall, and general construction.

How do you handle organizing this?

A benefit of this setup is that VRBO still processes payments and handles the transaction.