Since you have a good chunk of money, I agree that Option #2 is a good way to go.For people that don't have that much cash (say maybe $200k), Option #1 would be ok...getting into properties is what it's all about, as long as you can handle the workload and manage the stress....

They can help you navigate the rental process, screen potential tenants, and handle any maintenance or repair issues that may arise.Overall, there are several avenues you can explore to find renters for your medium term rental property.

You can hire an appraiser to handle this for you.OR2.

We're handling two of these for owners right now, one just passed final inspection, the other they came up with their 3rd set of repairs:(If your home is north of 10 Mile, your rent should be too high to qualify for S8.

What percent is fair -- I already have lender relationships, working capital and am a PM in my dayjob, so handling the general project plan is the fun part for me?

They can help navigate challenges, identify market opportunities, and offer sound advice based on their own successes and failures.Risk Mitigation: Sharing the risk with other investors can reduce your exposure and help protect your assets.

Would love to take a look at your house materials and hear more on how you handled the cleaning/turnover.

But hey, I’m all about taking new challenges and making things happen!

You may need to hire a property manager, maintenance staff, and possibly a leasing agent to help handle the day-to-day operations of the building.

Investing in properties outside Los Angeles, like in Kansas City, has challenges beyond just the down payment.