Hi all, So I just bought my first investment property in PA in the Scranton area a few months ago! 

With $170k to deploy you most likely will have that all in one, maybe two deals, if it doesn’t go well you could end up way worse off.That said, if there are other factors like the property is a huge pain to manage or you are worried the neighborhood may actually get worse or you know you need a new roof in a couple years, then I’d consider selling.Also, even though you said it’s not a high appreciating area, do you think 1-2% is fair?

I have to budget for other expenses (repairs, maintenance, etc.) out of pocket.We are coming from Seattle which is a more expensive market and we have the cash to be able to do this, but I hear your pain - when you are starting out, that might not be a good idea.  

What is the most pain free (and, ideally, tax-free) way to accomplish this?

Think of potential pain points or ongoing vendor tasks that you can keep an eye on remotely with cameras in addition to security.

That said, they've gone through some huge growth over the last couple years and maybe they're having some growing pains? 

My greatest pain point is not that the deals failed, although that certainly adds salt to the wounds, it's the poor communication, false narratives, chasing (almost begging) for updates, lack of full disclosure, the smoke and mirrors, etc.

However, managing multiple LLCs can mean higher costs and administrative work (separate bank accounts, annual filings, etc.).It depends on your risk tolerance and ability to stay organized.

I feel for these older folks on fixed incomes where large increases back to back are painful.

Quote from @Nideshia Singleton: Quote from @Joycelyn Bennett: @Sandra DeJesus I feel your pain and I do hope you sorted it out.