Quote from @John Busch: Truly appreciate the multiple responses and look forward to continuing our communication as we live in Southern CA and do not have many contacts in that part of the county. 

Does anyone have a recommendation for a reliable, quality cleaning company with great communication?

The main issue is a consistent lack of effective management and oversight.

Perfect for today’s market.Speed of Approval: He was aproved and had access to funds within two weeks, which gave him the edge to close on a high-potential property.Clear Communication: The team explained everything in plain English.

However generally from working with 2-3 other PMs in the west coast, I am 100% fine paying more of a premium each month for a PM that is transparent and is able to give more time to communication.

Also, clear communication with your parents about goals, risks, and expectations will also help avoid tension.

I'll focus on maintaining the property and optimizing rent increases to ensure consistent returns over the years.

Primarily, portfolios consisting of stocks, ETFs, and/or mutual funds.There are a few ways to mitigate the risk with this sort of LOC.

Communication with the tenants is key.

With a lease many times over time landlords are not formal and communication is oral, txt, email, etc.