This on going relationship should allow the PM to get a discount on the repairs which should keep your over all cost the same as if you did it on your own.  

CPA recommended we open a joint business checking account under both of our names to keep tax season simple.

You’ll receive notifications when there is conversation in the forums you follow or if a user mentions those keywords—so keep them updated often!

How long do I have to keep their belongings in storage if at all?  

Thanks for any advice.Hey @Sebastian Sovero, here are a few things to keep in mind.First, you are waaaaay overpaying on the monthly! 

I’ll keep your note handy.  

We have a single-family long-term rental in Port Charlotte that we'd like to keep the current mortgage rate, but we do have some equity we'd like to have access to. 

Saw a house with a For Sale by Owner sign in a yard with tall grass and after some drama, we have a house.We have dealt with long term rentals for over 15 years, but not aggressively ( keep them rented and do some improvements ).This "old house" needs, updated HVAC, new roof, new kitchen, some broken windows, upgraded electrical, water run off issues...I'm just starting to clear the house out with multiple dumpsters and starting to get quotes.  

Do you plan to keep the resident?

📚 Areas of Interest:Property Management: I’m fascinated by the art of keeping tenants happy, properties well-maintained, and cash flow steady.Investment Strategies: Let’s talk about flips, buy-and-hold, and creative financing.Community: I’m passionate about building a supportive real estate community.