Owner will need an Annual Owner Statement from your acconting system, reflecting those gross collected amounts and all expenses, including your management fees.

What goals do you hope to achieve through this property?

Unfortunately, my experience has also been they Sec 8 tenants have generally been rougher on property. 

Since we will be investing remotely, we plan to work with a property management company to oversee day-to-day operations.Does this sound like a solid strategy for a first investment property?

I have two properties with MSHB and plan to keep using them in the future. 

Everyone already knows someone who can sell them a house in the US.With over 15 years of experience combined in international travel and Airbnb hosting, I am now a full-time consultant that helps Americans purchase property and set up their businesses abroad.Me and my partner own three apartments in Croatia that I manage myself remotely.

Learned about his children, learned about the 60 units of apartments he owns and how he manages to keep the expenses low.

Hi Gina,After managing hundreds of properties and working with investors for over 20 years, I can definitely appreciate your background and the systems you’ve built—especially having three contractor teams ready to go.

What if you keep the property the way it is, use it as an equity builder..

Hey Ryan, welcome to the BP Forums.Three properties in a year is really impressive,congrats!