Spruce the place up and put in a new tenant.I also recommend you read some books about managing rentals.

The next problem I’ve encountered is that  many of property managers may not even know the difference between a hammer and a Phillips screwdriver.

https://www.zillow.com/rental-manager/market-trends/reno-nv/

So, often enough the LLCs are not registered if they just own property rather than manage or something more involved.

Hi Everyone,I own 8 units in Cleveland and recently my property management company has been choosing vendors that charge extremely high prices for any fix. 

We personally do this for the properties we manage! 

After speaking with our banker, a title company, my accountant, legal, and others, it was determined that the insurance companies are not fond of rental owning companies doing more than just owning and managing rental properties due to liability risks. 

Do you intend to manage the assisted  living yourself, do you intend to hire management, or do you intend to master lease to an established assisted living management company? 

Wait til we start talking about management software and call centers!

As far as what I learned, I prefer STR’s and managing it myself vs a PM.