If the answers match, you’re probably in good hands.

He’s constantly handing out free advice, wrote the book on 1031’s and handled mine last year. 

Not sure of what you have in mind for your investment, but I know there can be a higher need to be more hands on with your first few deals whilst getting the hang of things and building a team. 

We vetted a  handful of "turnkey" companies and REI Nation was the best in terms of reviews across multiple sources. 

These are leased to businesses (like chain stores) that cover taxes, insurance, and maintenance, making them much more hands-off than residential rentals.Real Estate Syndications / REITs – You can invest passively in commercial real estate (apartment complexes, self-storage, industrial, etc.) through syndications or real estate investment trusts (REITs) without being a landlord.Hard Money Lending / Private Lending – With $500K in equity, you could act as a private lender, funding real estate investors who flip homes or develop properties.

Demand termination of the contract and transfer all documents, funds, keys, and anything else they have to you or the new PM no later than [DATE].

Then you own the LLC and can transfer the property into it.If you transfer the property into that LLC the way it is then technically you just gave your friend ownership of the house proportional to his ownership of the LLC.I'm not an attorney, so take that with a grain of salt.

@Matthew Posteraro I wouldn't necessarily say that it is a way to make them more hands-off by scaling up to larger properties.

For the second time, I've had a guest cancel a reservation, initiating a refunding through my payment provider that brings with it significant transfer fees because Booking.com heavily promotes their "book for free, pay on arrival" policy, which is not aligned to my management platform policy.

Do you want to be hands-off?