He believes that area where he will be buying the new homes is going to appreciate and attract more MTRenters, but now, the big difference is that he would now have 3 properties that can go up (or potentially down) in value, go up (or down) in rent, and three times as many vacancies to fill.My back of the napkin assessment is that for only a drop in $200 a month in cash flow, he would control a lot more assets with growth potential and as rents rise over the coming years, the combined rents will increase to a total more than the single rent.HOWEVER.

The information contained in this post is not to be relied upon.

The information contained in this post is not to be relied upon.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

I'd do it on a terms deal. 3yr in total. 

And last but not least, I would absolutely and totally avoid HOA-based properties.

The total payment is about $2200 with PITI.

Total turnaround time can be within the same month if you start at the beginning of the month, but don't be surprised if it continues into the next month.S8 in my area outsources the inspections.

If I had known the numbers they quoted me were total garbage, I could have sold my houses much earlier and saved about $80K in losses.

The dscr loan is requiring 25% down, and 13000 in closing for a total of 48.