I understand the hesitancy to lease to students but vacancy is so low, that if you can handle a few headaches, it's worth it. 

It comes down to how each county handles property tax valuation.To put it in generic terms - a title company & lender will base your initial mortgage payment on the property taxes of the previous owner.  

Hey Deirdre,To address your questions:Providing freedom by handling day-to-day operations.Offering peace of mind through proactive maintenance and tenant communication.Reducing risks by staying ahead of legal requirements, tenant screening, and dispute resolution.Enhancing the bottom line by identifying cost-saving opportunities while ensuring tenant satisfaction to reduce turnover.Is the experience still important when the property thrives financially?

We decided to outsource major tasks such as septic installation, plumbing, heating, and carpentry, while handling smaller projects ourselves—a decision that proved beneficial.

The other non-math issues I'm good handling myself. 

By year end I will tackle a MF, value add with my son that would be sweet if we can swing the coop/tic (handling the finance challenges is the hurdle) so he ends up with a unit at below 50% of retail.  

You better be prepared to handle the management though..

It’s too much human waste for the lot to handle.  

We could handle 50-100k rehab projects if necessary. 

While I’ve been handling smaller real estate transactions for about a year and a half, I knew I needed guidance to break into this space.