We have two properties in SLC area and manage from out of state.

Rinse and repeat as many times as life allows, or convert to buying pure investments.Consider employment with a property management company.

I worked exclusively in STVR property management on the island and currently work in long-term property management servicing the West Metro (Minneapolis).

You will also discover the warranties don't cover as much as you think, and claims are often denied.Home warranties are so bad that most professional property managers will not manage a property with one in place.

.- Analyze Comparable Properties: If you’re working in a specific market, reach out to other landlords or property managers with similar assets.

We provide everything you need to build generational wealth under one roof—property management, construction, experienced agents, and connections to top lenders.

We need to find a good app/website for them to send rent as well, preferably one that has many things built into it, making it more simple to manage things in one place.

Popular markets often include beach towns, mountain retreats, and areas with strong tourism.It’s also important to research local regulations, occupancy rates, and management costs to make sure the numbers work.

One challenge to manage is being able to clarify for lenders on those rentals (if you have them) which amount of the premium should be paid for each rental so that they do not include the entire premium into their escrow analysis, inflating your monthly payment on that rental. 

This also leads owners to ASSUME simpler is better when it comes to management contracts.