If I rent it out, I'll be hiring a property manager because I don't want to deal with trying to manage it from out of state.Some numbers:Purchased with 0% down VA loanPurchase Price: 189KMortgage: 172KRate: 2.25%4 Bed / 2.5 Bath~2400sq/ftBuilt in 1992Zillow Sales Estimate: 280KZillow Rent Estimate: 2,100/moRoof and AC are less than 10 years old.

Hopefully. y'all can form an LLC and hire a bulldog attorney for a class action suit to at least try to get financial documents from Norada Capital Management. to find out what exactly went wrong.

It really depends on the condition of the property and your relationship with the agent.We bought an off market deal years ago and hired an agent to push paperwork.

I've seen it happen countless times, especially from one company here in Birmingham.2 - Hire your own home inspector. do not use any home inspector a turnkey provider recommends.

I hired an architect last week and he will submit plans to the city next week.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

It sounds like you / your parents should just hire a professional property manager for the inherited properties.  

We’re still weighing whether to manage ourselves or hire a property manager, but I’m definitely leaning towards having a reliable team in place either way.Your advice about not taking on too much risk is a good reminder.

It is virtually daily that i see purchases or considered purchases that appear to have no path to success.  

I host a free virtual one every Wednesday (that is not new years day) and would be happy to send invite if you like.