I used to help manage 30+ STRs in the city with a McSwain Management.

I have built in the past and I do not understand how anyone can build a house for 250k that will last.As an agent I focus on high end relocation clients and many are positively surprised by the build quality compared to the south.

Rare in Texas I think to find a PM that wants to manage anything as rent by the room. 

The car/renters/umbrella won't be with Foremost but this way you can have one agent to manage your portfolio.

This deal doesn't meet the 2% or 50% rule of thumb, but it has positive cash flow and is in a growing market, according to the latest 2024 Top 100 data from BP. 

My managment company has made more than a reasonable amount of attempts to get the HOA to have this repaired. 

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Quote from @Johnny McKeon: Sorry to hijack,  I own 12 apartment buildings with 53 apartment units in the Phoenix Arizona Metro, I self-manage everything.

Try interviewing at least three managers.1.

I am in the same boat.I have a bunch of SFH and I am looking to consolidate in many quads or 1-2 small apartment complexes(5-20 units).