Just like a realtor, a mortgage broker, appraiser, Tax person, a PM company is a vital part of that team to help get you to success.

They play a vital role in the success of an out-of-state investment, and selecting the right one can save investors a lot of headaches.The links you provided to your blog posts and resources on BiggerPockets are also appreciated, as they offer more in-depth information for those interested in specific markets.Additionally, your reminder about the importance of assessing whether one has the time and capacity to be a DIY landlord or should hire a PMC is crucial.

Losses arising from illegal acts will not be covered, if the insured was involved, if it was a tenant and without your knowledge, they will probably pay, at least they do here.One other thought, changing a property after the property was underwritten might be a problem, but again, I would not be concerned about a garage conversion, but if the modification would materially change the premium or the policy or increase the risks transferred to the company....you should notify your agent of any additions made for a determination.

I do think that because I am coming in and do not have lots of money to invest with but I do have a people around me that are very vital to this business.

Some of these will be able to do loan modification, and many more will be able to sell because of low inventory and high demand.

Being that you're next door in California and can easily get out here, and have a vital team member in a contractor, your 350k will do just fine out here. 

After calling Fifth/Third bank almost daily for months I convinced one of them to give me realistic loan modification terms (you should've seen their opening offers) with the new job in mind. 

He was waiting on a loan modification that would lower his cost basis to $200k.

I'm married now with a son and don't need as many relationships but at your age it's vital.

@Amanda Han taught me that getting a CPA who understands real estate is VITALLY important, from the start.