The guy I use is in his 60's and does the work himself.

I would recomend getting youself a set of the " Doc"s for your Association and become familiar with them!

Then consider using an S-corp, giving yourself a smaller wage, decreasing your Social Security and Medicare outlay.

It is a guideline, after a number of years you will get an idea of the % of expenses for your property, but experience shows it will be close to 50%.You can to a certain extent trade some of these %'s with hours and do say the property management yourself, if that's something you'd like to.

Trained Compliance Officer(s)4.

Anybody been picking up properties in Port Charlotte area 3/1's for around 50K?

So I have no idea of the state of the wiring, although it is an 80's construction (the house) and the hot tub appears to be wired to code.

Jeff S Ann Bellamy Corey Dutton Don Konipol Between all of you, you cover a wide swath of the country, so do tell, is money available for loans in your area?

The old landlord gives you the original lease(s).

It appears your credit needs a boost otherwise you should be looking at closer to mid 3's%.