Just a level of comfort of the landlord, which we know.For me though, if I'm not getting something around the low teens in cash on cash return, I don't think I'd bother with real estate.

If you hire a PM, your financial account structure can be simpler.If you plan to continue purchasing rentals, I like some key accounts at the "management" level (income, opex, tax, owncp, reserve) and only have 1 checking account per property to prevent having 100 accounts and unnecessary complexity.

Our family had a summer home that had an open metal roof over part of the patio, and when it rained everyone was uncomfortable with the noise level.

It's great for managing at the property/unit level, but unfortunately, falls short on managing finances big picture once you add more property.

We add up the scores and get a total score that reflects the level of risk the applicant presents.

What was their level of speed & competence? 

Our auto coverage is now at an increased level so if this happened today it likely would not result in any involvement of the umbrella policy. 

Notwithstanding, "plan provider" connotes a service that is primarily focused on 401k document provision and compliance support and "plan administrator" connotes a more involved level of support in management of the plan.

Birmingham’s market is diverse, with various areas offering different levels of potential and risk, so getting boots on the ground can be one of the best investments you make in terms of time and money.I’d be happy to connect and share more about what I’ve learned from my experience managing properties in this market. 

Hey Martti, Doing BRRRRs out of state definitely adds another level of difficulty, but it can be done very successfully.