Feel free to DM me if you'd like more insights on all this (we don't do biz in Alabama so got nothing to lose).Here's some other "copy & paste" advice on how to search for a better PMC:----------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Alternatively, explore a self-directed IRA to invest directly in real estate without triggering taxes or penalties.

I'm assuming architect fees, GC fees, Real Estate commissions, and of course interest on your loan ... but just curious as we haven't really dealt with any of those additional costs for our builds. 3) What market are you in and how is the market doing overall?

As you alluded to, sometimes a passive note investment purchased for monthly payments “goes south”, and becomes an active participation investment, with plenty of additional capital required for legal fees, forced place insurance, and property taxes.  

Feel free to private message me with any additional questions.

In this guide, we’ll explore five essential tax mitigation techniques that every savvy investor should know.1.

Texas has additional laws against these options.

Hello everyone,I just closed on a house and am exploring the possibility of turning it into a mid-term rental.

An emergency fund needs to be liquid, and immediately available to you in addition to being low risk and protecting principle. 

Additionally, the beach is still within reach...just a short 1 hour flight or 6 hour drive.