@Austin JamesUnderstand the area, the current tenant base,the median income, is it in a flood zone, the age of the asset, the condition of the plumbing, the electrical wiring, the fuseboxes, the age of the roofs, the age of the mechanicals, the condition of the foundation, the drainage of the property, does the property have a C of O, is there ny environmental concerns such as oil tanks being buried, the current property management company, what are the amenities.These are just a few things to look out for.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

You also have to remember that these are most likely (am assuming here) paid off properties - it's unlikely a mortgage company is going to let the taxes go unpaid.

I am not a STR specialist in southern Maine, but I can connect you with a management company that is and would be able to give a more exact guess.

Hi @Dave Allen I have all of my rentals in separate land trusts and the beneficiary of the land trust is my LLC.I use a local trust company to be my trustee and have another great resource here in Orlando as well.

I lived in one side for a year then moved and now both sides are rented out with a property management company. 

My companies use Wrike and we custom built out our projects and tasks to meet each company's needs.

They have their own rules and might take a share of your profits instead of charging interest.Hard Money Lenders:Nowadays, hard money loans usually come from bigger companies and are more regulated, making them similar to loans from Private Money Lending companies.

I’ve had success in larger markets and smaller markets all over the US however this was because of efficient operations AND being proactive in finding companies to rent to (I employ the B2B model). 

Does anyone recommend a deposit alternative insurance company?