Also, we have contemplated paying his father in law hourly plus a small percentage (10%) of the profit.

Non owner-occupied STR are currently under assault, with a bill before the metro council that if passed, will phase out STR in Nashville beginning in 2019.Operating a STR in Nashville requires a permit, and new permits for non-owner occupied STR are not being issued pending the outcome of this legislation.

Hi @Bryan Templin, as a property manager myself here in Connecticut, let me try to provide some insight - I think for those who are contemplating handing off their properties to a manager it is because they are usually A) moving or B) want to be hands off.

Matt, I know some slow condo sales can be financing related (like no fha, va approval, etc); building related like pending assessments (or even ones being contemplated); even management or association issues like politics or disputes can deter people, as can rent to owner ratios, even pet policies.

Currently contemplating my next real estate move and I'm torn between finishing the attic space to turn Unit 2 (pictured from my original post) from a 1 bed/1ba into a 2-3 bed/1-2 ba vs using the funds to purchase a new property all together.

I have contemplated, (but not followed up on ) investing for years, but this time I jumped into a REO in Traverse CIty.I am a construction equipment mechanic in Chesapeake, VA.

I've recently contemplated just finding an SFR and doing light rehab.

I was also contemplating just listing them myself and throwing them up on loopnet/costar/MLS etc and just test the marketI've heard 6% commission is paid on total rents for the length of the lease term-- but is that capped and is that total amount paid upfront on lease signing?  

Account Closed I've been contemplating purchasing the Land Geek course.  

What you are contemplating is brokering without a license!