You would have ongoing filing requirements with the State and would need to keep business records and documentation.

We get 1400- 1600 for 3 brs all in 70- 90k :) Duplex all in 90- 110k, rents from 1800- 2k :) All the bestHey congrats man, thats a good deal for your 1st, Keep on going 

This on going relationship should allow the PM to get a discount on the repairs which should keep your over all cost the same as if you did it on your own.  

Also, no kids and no expected ongoing payments to spouse.

@Nicholas DiSanti I don't believe you have to notify the lender but I haven't done that personally so wouldn't be the best person to ask for advice on going that route.

Be sure to tell them you are just looking for placement assistance, not ongoing management.

To add to what was mentioned, I would look at the maintenance history of the property to see what repairs have been made that are more capital in nature (say, new counter tops or kitchen) versus an ongoing issue (plumbing backing up every few months).How is the insurance search going for you as well.  

Providing Ongoing Support:How can I create a supportive environment that fosters continuous learning and growth?

I’m quitting my full time job due to an issue with a potentially ongoing contagious illness at work that I do not want to catch so I am going to go limited part time where I’ll likely get 4-6 shifts per month which will subsidize my bills just enough that what I’m able to collect from my real estate will be plenty.

With smart planning, ongoing learning, and smart choices, you can create a strong portfolio that meets your money goals and gives you income for later.Good luck!