Not realizing that family and business don't mix, I also rented the Darby unit to my other sister. this one on the other hand treats it like her own, but with low rent being collected, there's just about $100 or less in cash-flow with the high taxes or multiple taxes from city and county in that area. 

., if the air is not working in the middle of summer we keep extra window shakers on hand to haul over and place in bedroom windows). 

Were Groundfloor to go out of business, any uninvested funds on hand are FDIC insured and held in your name, not ours.

Most have a daily limit of $500 or so.On the receiving side, the biggest challenge you'll have - depending on the amount of money involved - is finding an agency that has sufficient cash on hand to pay it out. 

I feel like once they settle in, it would be better.Since u have a year worth of rent, I feel like u have the upper hand.

Some hands-on experience in the field you are wanting them to do your accounting always helps them understand your business model better than one who has not venture into the REI space. 

If you hire the first PM to show up in a Google search or the one with the lowest management fee, you're getting exactly what you deserve.When searching for tenants, do you take the first person to show up with cash in hand or do you screen them and look for the best applicant for your rental?

I am extremely hands off, so I don't expect an issue with active involvement.Thanks again for your insight.

Of course, it's a bit risky, but if you analyze the numbers on the flip, you could have that loan paid off and a chunk of equity in your hands within 6 months or less (pending the resale of the flip).

Go to sheriff sales and hand out your business card if you have one, create an online sign-up form and market it all over social media to get potential buyers to sign up...etc etc etc.......so many things you could be doing to attract buyers.