If you’re hiring a PM long-distance, you’ve gotta vet them hard upfront or you’ll regret it later.

I do outsource my Taxes, but I meant having a Real Estate Tax Accountant or a CPA who I chat with to help create me a long term strategy.

Alternatively, DSCR loans offer long-term financing with lower rates, but they come with more complex requirements.

I would have asked you what your long-term goal is but you have already thought about it.

Save up long enough to pay the LLPAs to get a better interest rate3.

Listing your property there ensures visibility.Build Relationships: When agents reach out, respond quickly, highlight your property’s amenities, and showcase your flexibility to meet displaced families’ needs.Highlight Insurance-Friendly Features: Emphasize features like flexible lease terms, utilities included, and a fully furnished setup to attract insurance placements.This approach has helped me successfully market to insurance companies.

I'm looking at it long term and will not need the equity anytime soon.  

But you have to ask proactively, and be mindful of how long you stay in forbearance to avoid long-term credit issues.🔹 Insurance Challenges – Even when insurance pays, it rarely covers the actual cost to completely rebuild.

I don't use padsplit (weekly rentals); I rent on long-term leases in B Class neighborhoods.

@Alex Lee203k is an amazing tool as long as you don't overextend yourself financially.