She could hire a full service PM and net $1,840/mo.

Good luck  Total Rents Collected: $23,025/mo Debt Service: $12,358/mo (sad for me. 8% interest rates lol) Property Management 10%: $2,303/moReserves (Vacancy 5%, Maintenance 10%): $3,454/moPhantom Cash Flow: $8,365/moTrue Cash Flow: $4,911/mo (Money I can legit burn)  bob as you probably know I owned a few hundred of these types of homes from DetroitCleveland to Jackson ms  Birmingham balt city etc etc.  

Unless new companies move into the city and create replacement jobs, all that will remain are lower-paying service sector jobs.

Also, view your ability to bill hourly for services as a huge advantage.

But reality is no one selling mentoring is going to really dive into the credit and capacity to transact with their students the focus is just getting the fee to them in the door.. regardless of how they do it.. the one that I dont care for is encouraging and showing them how to raise their CC limits so they can pay for the mentoring services..

Thankfully, with today's technology, access to market data, virtual tours, and streamlined property management services makes investing from a distance easier than ever.

Also I am having more and more difficulty finding insurance companies service STRs.My agent recommended a visitor covering option to my regular insurance.

One powerful tool that can help investors secure better loan terms is asset utilization—especially when the DSCR (Debt-Service Coverage Ratio) is under 1.🔹 How It Works:If your rental income falls short of covering your mortgage (PITI), you can use liquid assets to supplement your income.

For my rehabs, I pull owner builder permits where needed even for work done by licensed contractors.My jurisdiction does not require permits for cabinets, counters, or flooring replacement.  

If you were you promoting your services to our members, the site will auto-ban you, too.It appears that your ban has been lifted.