A great PM will take 10% of your money every month, but they can also add value to your property depending on what they do and how they manage.

i am a reo broker here in south florida and work with many current asset managers and several banks. we sell many reo properties. some of those lists floating around out there are dead end streets as so many bomb bard the asset managers with requests they dont even reply 1

Hi Ori, I'm an out of state investor as well, based in the seattle area, with a portfolio of 9 properties across Memphis and Detroit.

Purchase price: $360,000 Cash invested: $96,000 Purchased my first investment property in summer 2017 while living in SF, a new construction home intended as a long-term buy-and-hold.

You need a new property manager tomorrow.  1) They did a horrible job of screening tenants.

Hey Grantham, I know how crazy it can get managing properties remotely, especially during hurricane season!

It is generally not recommended to have a S-Corp hold appreciating property such as real estate.

So your fiance still owns the property.

It is a rare off-market property that does not involve work and/or have risk items.  

Use tools like BiggerPockets Rental Property Calculator and Excel templates.