@Patricia Smith Even if someone give you a referral, what meets their expectations, may not meet yours.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Be sure to check out the Pro Exclusives under the "Get Started" menu!

Here would be a reasonable case if you sold the property while getting the section 121 exclusion.

If someone is willing to live in and renovate the 2 of last 5 year capital gains exclusion is a significant consideration.

I'd argue that there are very select zip codes where this strategy works.

You can put a heloc on after the refi up to 100% with select credit unions that will go up to 100% LTV. 

We did not know if our proximity to Nashville would be more important because of the fact that we would be doing a short-term rental with the property for half of the year and then using the property exclusively as a rental in a few years?

My recommendation would be to get approved as a Landlord, contact the director's office and request that an inspection be completed before a tenant is selected (sometimes they will do this as long as you select a tenant within 14 days - which you want anyways), and have an online application and screening resource in place.  

For a select few, this can be true, but wholesaling is much harder to get off the ground.