Quote from @Ronnice T.: I've been using the MileIQ app for several years.

No point in having leverage and having that stress.

It's a nice T-shirt.

By hiring property management, you'll reduce stress and gain more time to focus on your investment goals.

But claiming it "works" is a HUGE stretch.It is like saying "if it doesn't;t work, then you didn;t do it enough".

I just want to make sure I have all T's crossed and I's dotted. 

I would do this anyway to relieve yourself a bit (of time and stress).

The paperwork, the tenant communication, the financial tracking – it was all so time-consuming and stressful.

. $70k for a full gut renovation doesn't sound like much, depending on how many square feet the property is.Also, it might be worth finding another local investor in Lorain who understands the building court...you should be able to attend, tell them the story, and then find a creditable contractor to get this done or figure out what you could whole sell the property for so you can get out from under the stress.

Trust me, an extra couple of weeks of vacancy to find the right person is much cheaper in the long run than missed rent and eviction costs; and that doesn't even include the extra stress and anxiety from it.