A lot of my out of state real estate clients really like this market because the macroeconomics look so good for this market - population is growing, job growth is growing, and so many companies moving and developing here.

VA company?

10) Knowing what to do if tenant is late on rent or doesn't pay.There's a lot more, but many here on BP self-manage and learn via "trial by fire".Of course, you can always hire a Property Management Company to handle it for you.

@Dwane Twente so this is basically a rental arbitrage company.   

Have you considered using a property management company?

I am a district manager with a company called Build 2 rent, and i live in Cape Coral.  

Currently I own a large real estate company and still get some great value out being in his inner circle of real estate operators. 

.: Quote from @Audrey Sommer: A couple weeks ago, I was talking to a texan resident that came up to Washington State to help the company I work at, train our team for a new product launch.

For those that own property management companies can you give me any insight on what starting one up would look like and your honest opinions of the property management business these days.

A good attorney, RMLO, and servicing company play a big part of this. .