Does anyone have a property manager they recommend in the area? 

We feel more confident about real estate opportunities here on the east side of the big island, (Hilo) as we are active and hands on for management, and value added projects. 

This would give me income and give me an example of renting by the room if I decide to do it in the future.

Hello, I just finished The Self-Managing Landlord by Grace and Amelia.

As everyone here has mentioned, a team is composed of a realtor, contractor, lender, and property manager.

Short of buying a property in cash and having it managed at a distance with a professional property manager, I think you'll find that the hassles and headaches of "traditional" IRA real estate investing just isn't worth it.

Purchase price: $367,500 Sale price: $730,000 Started property management company after the sale of this home

Hi Lawrence, Here's my short advice check Due Diligence, Understand Owner Financing Terms, Seek Professional Guidance, Market Research, Financial Analysis, Risk Management, Long-Term Vision.

Found this one when a friend was first-time home shopping and he decided to pass.

I have a property manager who suggested we did first month half off as an incentive.