Just make sure you draft an operating agreement that outlines responsibilities and expectations.For financing, and if you choose to go through an LLC, DSCR loans will be a great tool.

Hi Ernesto,Thank you for the response. 

I missed your response before I sent my follow up to the last user.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

I am the owner of DealMachine and take personal responsibility for making sure we communicate clearly and have issued a refund to you (the initial charge was April 2023 and it is 2025 now... sorry it took so long to see this).Direct mail is a hard cost, so when you send out direct mail, you get the first 20 free during the free trial. 

Quote from @Cari Sweet: But you started out by tagging me and saying that my response "sounds like a case for Fair Housing - Familial discrimination."

A fair rate for solid management typically falls between 20-25%.Superhost or High Review Ratings Matter – Ask if the properties they manage consistently earn Superhost status or maintain high guest ratings.Communication & Accountability – A good property manager should be responsive and proactive.

Thank you all for your responses I am going to look into managing this one myself to understand more about what goes into managing .

You can also use online resources such as City Data to search demographics in the area. 

And you will only be responsible to purchase at least as much as your part of the sale.