We have an investor running a special next month on 10% down second homes where the cost is 3-4 points cheaper than it would be, on a normal Fannie/Freddie loan. 

Once you feel comfortable in running your numbers, figure out a good market that has good population & economic growth and landlord friendly laws.

Hi @Chantelle Lewis - We run a boutique STR/MTR Management company here in LA.

What’s your take on the market heading into 2025?

However, I am unsure on how to go about finding the proper handyman/maintenance guy/management team to help run any out-of-state investments I make.

If you have someone funding the entire deal, you have ZERO risk in the deal and get 50% of the profits - run with that.Lets look at it another way.

If you are trying to get a cash out refi, I would think the bank would want to see the correct type of insurance for the business you are running.

I totally recognize that is impatient and greedy.My gut is saying your short picture idea is where we're heading since we are taking the same hit with brokerage account (I didnt even mention borrowing against 401k - yes its not advised but my wife and I have stable W2 income to pay ourselves back) Thanks again, this BP community / forum is awesome

If they try switching you to a regular PM structure or you're considering them for PM, run for the hills. 

OP run the numbers for us.