Madison Management out of reno is who we use who ironically used to be in Morristown NJ

Use Series LLC to handle management activities, including collecting rent and signing leases.

Try interviewing at least three managers.1.

.- Current owners purchased many lots and they haven't developed them.

I just talked to a commercial developer the other day that told me Columbus is the next Austin TX!

I've built relationships with property managers who have distressed properties in their portfolios that can communicate directly to owners. 

We plan to share ownership of the property as I am going to invest my money into developing (building a Detached ADU in the back) and re-modeling the property so that we can collectively sell it for a profit.

My basic underwriting making some standard assumptions on HOA expenses, 20% down, 7% interest rate, 30 year mortgage, utilities, supplies, and maintenance costs shows a loss of about $22k per year if you are self managing.

Didn't get into rentals on pupose but it's working out well and I want to continue to learn and develop my portfoilo.

I manage around 400 rentals with 14 years of experience and have never been sued once.