In addition to tangible screening such as credit checks, evictions, criminal background, & income checks consider intangibles as well - how well do they communicate with you & how professional?

If they fail to comply, you may need to involve legal counsel or contact your state’s real estate commission.Hire a Reliable Manager: Finding a professional, responsive property manager is key.

That may not apply to you, as a financial professional, but I thought I would share the story.Obiously you could re-lever your portfolio to bring the ROE back up, but then you have to place those borrowed funds somewhere that nets a high enough return that the portfolio is ahead, given the drag of the interest and any transaction fees.    

Readers should seek professional advice.

These are professionals with additional training and a stricter code of ethics.

You could rent to young professionals or to families.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Happy New Year,I'm reaching out to connect with professionals in the Pittsburgh area.  

A professional property manager should handle the heavy lifting, ensuring your investment is protected and profitable without adding stress to your plate.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?