This is 5 mobile homes and one building being remodeled as a storage unit. 4 park owned homes and 1 tenant owned home.

I have some short term rentals located in College Station, Bryan Tx home of Texas A&M.

The cost of PM here is between 20 - 30 % and frankly, while they can drive occupancy, they often have lower rates and less attention to detail (I worked with one when I transitioned a new property that was previously PM managed).

I agree w/the previous posts. 

Purchase price: $200,000 Cash invested: $25,000 Duplex bought FHA out of college, house hacked

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

2019 Goals: My last year in College- $10K in savings (Not Accomplished)- All A's (Not Accomplished)- Church every Sunday (Not Accomplished)- Read Bible every morning (Not Accomplished)- Read 20 minutes every day (Accomplished)- Go to Chilis 11 times only (Accomplished.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

I use this exact strategy of keeping my previous homes as rentals and trust me it’s a winning strategy.

The first apartments I rented as the owner, were previously rented by the former owner at $150 month including utilities.