This multifaceted approach can often shield them better against market downturns, providing a more resilient investment option. 

Some areas have specific rules for no-fault evictions, especially for long-term tenants.If your tenant is month-to-month, you’ll likely need to provide at least 30-60 days’ notice, depending on your state laws.Follow up with a formal written notice, stating the move-out deadline and any legal requirements.

One thing you might find beneficial is that Stessa now integrates RentPrep directly into their platform, offering robust tenant screening options.RentPrep through Stessa provides three distinct screening packages, each delivering more comprehensive search capabilities than typical screening services.

So many strategies available to you to start out with, a big part of it depends on if you are looking to be hands on or continuing to pursue other opportunities at the same time. 

If your skip tracing provider is poor, it doesn't matter how great your list is.

You don’t need a separate LLC for each property, but whether you should depends on your risk tolerance, portfolio size, and management preferences.

We provide detailed monthly updates to our investors. 

So a few options depending on your situation:- If you have the funds for the next one go for it! 

I know the owners behind ML and PL well, they know what they're doing, I hear good things about results w/ their leads... but as w/ any PPL provider... there will be good leads and bad leads so it's a matter of quickly calling those leads, putting the unconvergted leads into long-term followup sequences (we usually have our InvestorFuse members "resurface" the leads as a new lead every XX days until the property sells or they buy it). 

Given my background with managing out-of-state properties, I’m confident that I can apply my skills to the MTR space, but I wanted to reach out to the forums to gather insights from anyone who manages an MTR property out of state.While I don’t foresee significant hurdles with managing an MTR remotely—provided I have the right local connections and a solid team in place (which I do)—I’m always open to learning more from others who have navigated this path.If you’re an out-of-state MTR investor or have experience with remote property management, I would love to hear about any tips, strategies, or lessons learned that you can share.