I’ve already spent a small fortune and a lot of time and effort fixing all of the former PM’s mistakes so this is just icing on the cake.

Given my background with managing out-of-state properties, I’m confident that I can apply my skills to the MTR space, but I wanted to reach out to the forums to gather insights from anyone who manages an MTR property out of state.While I don’t foresee significant hurdles with managing an MTR remotely—provided I have the right local connections and a solid team in place (which I do)—I’m always open to learning more from others who have navigated this path.If you’re an out-of-state MTR investor or have experience with remote property management, I would love to hear about any tips, strategies, or lessons learned that you can share.

If the land is big enough to accommodate both your wife's MOB and a separate, independent apartment complex, I would offer the following:a. 

The number of people looking for affordability and a sense of community is definitely increasing.  

A $1,000/month fee must prove ROI upfront.Their Position: They are selling access to old leads (potentially recycled) and a buyers list (which you can get for free or through networking).Frame to Maintain Control:Oren Klaff "Pitch Anything Book" Great Read!"

I have several multi families on the west coast  ( one that I actually manage my self in California) and it’s just one maintenance reserve fee for all doors , and a % of the total rent usually ( 8%-10%).  

Quote from @Ryan Kelly: @Gregory Schwartz as painful as it has been, the Austin market needed a breather and a reset on pricing following the pandemic.

I have a great credit score and a good amount of money saved.

The price-to-rent ratios are generally unfavorable, and a shortage of skilled tradespeople and reliable property management can hinder the success of buy-and-hold rental investments.

I knew that the property would be easy to sell to another investor or owner occupant, as it was affordable and a 3BR/2BA of 1,650SF so it checks the boxes for many prospective buyers.