Quote from @Pamela Rivas: Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.

I have been in property management for 20 years, almost 3 years ago I moved to Birmingham AL to start my investment journey.

This one might need a house manager in a few months so some chance to live cheaper in exchange for managing the house. 

I'm going to try leasing the place out myself again, but if I'm struggling, I will hire property manager. 

The tenant supposedly had complained for months to the property manager that the furnace was not working.

Unfortunately, over the 11 months he has lived there, he has only managed to pay the rent on time once.

SDIRA has been extremely accommodating in the setting of an eviction that occurred because the manager that they previously used neglected to tell them.

@Brian Glasser is a solid agent/project manager in KC and has done dozens of BRRRS himself there.  

I do have some investment experience and I'm currently managing 1 property, all the numbers are great and there's a good amount of cash flow and long term growth so I'm not a total green horn. 

She doesn’t need local family to manage it.