Message me if you want to explore options or discuss further.

When evaluating a property management company, it's important to look beyond just the management fee and consider the full scope of services and costs involved.For example, at our company, we charge a 10% monthly management fee, a $250 lease renewal fee (unless it’s a takeover tenant, which requires additional effort to establish a strong relationship - because usually people are changing pm companies for a reason), and the first month’s rent as a leasing fee.

If they’re really in a bind, you could even explore something creative, like seller financing or a subject-to deal (where you take over their mortgage payments).

Quote from @Eric Huntermark: Additionally, as I'm thinking about conventional loan products as well.

Not only do they not repay funds, they claim we owe them additional funding for renovations that never actually happen. 

Also, are you focusing on opportunities in your local market, or are you exploring other areas as well?

Additionally, you can still find properties for 120-180k that will positive cash flow and hit the 1% rule.

Recapture typically happens only when you sell the property.If you use the property partly for personal use and partly as a rental in a given year, depreciation and other expenses must be prorated based on the number of days it was rented versus personal useBased on the current tax laws and regulations, once you've taken bonus depreciation on an asset, you cannot "capture" additional bonus depreciation on that same asset in future years, even if the rates increase.In the 2024 tax year, the rate for bonus depreciation is 60%.

Additionally, I am also open to the Tobyhanna and Strausberg area as well.

.• Retirement communities• Syndicates (from initial explorations, little transparency from providers, little oversight - almost leap of faith and trust in provider?)