To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Will a property cash flow day 1, maybe not unless it has a huge down payment but if your goal is to hold it for 15+ years you should not lose out, especially if its in a good area (which goes back to location location location). 

The two lenders I contacted through the "Find a Lender" option never called me back, so I am looking for a local and relatively small credit union or bank I can talk to about taking out a HELOC so I can invest fairly soon.Any recommendations?

.- Higher Cash Flow Potential:Certain markets might provide better rental income, leading to increased cash flow.Cons:- Limited Local Knowledge:Understanding the nuances of a new market is challenging without on-the-ground experience.- Property Management:Managing properties remotely often requires hiring a property manager, adding to your costs.- Increased Travel and Communication:Regular visits and long-distance coordination can increase both time and expense.- Legal and Tax Complications:Navigating different state laws and tax regulations can be complex and confusing.Out-of-state investing can be a great way to grow your real estate portfolio, but weighing the benefits against the potential challenges is essential.

If you filter every renovation decision through the lens of "what is the cheapest option that brings the most value?"

They are a messYes, we just went through an eviction in Philly.

If so, I assume I am obligated to mitigate through my contract, but I declined to allow them to do the work anyway.

Hey Carlo, no question is dumb.I own and self manage one LTR, the mortgage is currently in my name (I'm considering refi into trust) but I currently have all things (banking/finances, lease, etc.) run through a single member LLC. 

How do I get them back on airbnb and cash flowing???

As long as you've got the cash to close, a decent FICO Score, and the property is cash flowing then you shouldn't have an issue getting a loan like this.