@Jeffery Jones you understand you'll be buying Class C & D properties, not in the best of areas?

Rental properties are owned by landlords.

So your capital gain when you sell this property will be calculate against your tax basis and not against your mortgage as many investors expect.

@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.

Can your property actually afford a 90% LTV loan at 8+%? 

The Property and The NumbersThe property I ended up buying is in Athens, Alabama, about 40 minutes from Huntsville.

I don't know what his properties rent for yet but lets assume equal rent to my property.

Sounds like a pretty cool property, good luck!

Been with a handful of property managers during that time.

The plan is notorious for minimum insurance and they were previously capped at $20M for larger commercial and HOA properties.