The area is a mix of established homes and updated properties, making it a prime spot for a fix-and-flip.

I heard a podcast that mentioned an established vacation market in Michigan.

Nonetheless, with your current mortgage rate and solid equity position, it’s definitely worth considering getting a good, respectable tenant in there and watching your equity grow.

I know the easy answer to this is "check with your CPA" but I'm still in the process of working to establish with a real estate specific CPA who better understands the nuances of these topics.

I’m new to house flipping but have extensive experience as the owner of a successful property damage restoration company. This gives me access to a large network of skilled contractors, including plumbers, HVAC spec...

The companies we've interacted with have all been very professional, and they have appreciated being treated respectfully and professionally in return. 

I’ve established a class A “team”………..

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This can lead to more opportunities and partnerships.Market Understanding: As a property manager, you'll gain a deeper understanding of the local market, which can be invaluable when you start acquiring your own properties.Steady Income Stream: Property management can provide a consistent income, which can be particularly beneficial in the early stages of your real estate venture.Skill Development: You'll develop a range of skills from customer service to maintenance oversight, which are crucial for successful property ownership.Brand Recognition: Establishing a presence as a reliable property management company can boost your reputation, making it easier to attract tenants and investors when you start acquiring properties.Cons:Time Commitment: Property management can be time-consuming, especially if you're dealing with multiple properties or demanding clients.Regulatory Compliance: Staying compliant with local laws and regulations requires diligence and can be complex.Conflict Resolution: Dealing with tenant issues and conflicts is an inevitable part of property management and can sometimes be challenging.Financial Risk: There are financial risks involved, including late payments or damage to properties.Market Fluctuations: The property market can be unpredictable, affecting both rental income and property values.Overall, starting with a property management company can be a smart way to enter the real estate space, especially in an area with a clear need for such services.

We have an Emerson Sensi that is very easy for the guest to adjust but I can see it and make adjustments as necessary.For the most part, guests are pretty respectful of the temps.