The mortgages are all paid off as part of the sale. 

The.

Totally worth it to cover any gaps.For managing it all, a Property Management System (PMS) could save you a ton of time by syncing calendars, automating messaging, and handling bookings.

Offer to be his/her assistant for free, do all the stuff he/she hates doing, and learn the business from them.

I think your best approach is to pretend you are the investor yourself, calculate build cost (mortgage with interest) + Maint / cap expenses/ management fees according to your zoning and then compare that to the average rent in that neighborhood.

Currently living in this till the summer of 2025.

Hi Sally, thank you for the referrals, I really appreciate it.

There is no lack of affordable homes.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Expect a minimum of $100 per person on the cheap end .