I've done a lot of research and doesn't seem too complicated to set up.

I figured this would be super complicated somehow.

If you were bullish on the area and planned on having 3 or 4, then management would make sense, but buying a first property far away only to have some random company manage it, and add on MTR which is not as complicated as STR, but still more uptake is a tall order.

This can be complicated, especially if some unit owners are underwater on their mortgages.

In 2024, it is 60%.You may also have an option of applying a different method (Section 179) that can give you 100% on some of the cost segregated components, but this has its own drawbacks and complications, so it needs to be discussed with your accountant beforehand.Also, have your accountant estimate your potential tax savings before ordering cost seg.

Beyond that, you're on your own unless you take the initiative to have someone help you and perhaps split the Assignments fee 50/50.As someone who has been in RE now 50 years as a licensed CA Broker an inactive mortgage banker  And have been a back room Vendor for some of the top trainers in the US.Anyone can take the course RE is not that complicated at the level you folks are working at.

Sometimes, keeping things simple is better than making moves that are more complicated.

If you need to evict the tenant for any reason during the lease term, things will get complicated.

@Max Bellino if you feel the need to interview six separate attorneys for this scope you are over complicating your true needs.

I don't want to give up on house hacking if I don't have to. the way I currently see it, it could add more complications to our lives in a risky way.