Or should I open a new LLC that acts as a sort of “property management” that collects the rent from all of my other properties and pays out the expenses?

While the property is under renovations, I am searching for a property manager but I have been having a harder time than expected.

Back in Washington where we fix & flipped properties I did anything from general contracting from demo to finishing touches, managed project budgets & timelines to stay within our projections and SOW, raised capital for down payment on hard money loans, interest on loans and rehabs, worked with my hands (best at flooring, trim, caulk, cabinets, fences, punch list items) and was the real estate agent for acquiring and selling our flips.

This new construction property appreciated significantly during my three years of residence.

Alongside my two partners, we are venturing into the realm of new construction projects in the US.As we embark on this exciting journey, we are eager to connect with fellow entrepreneurs and seasoned professionals who have experience in new construction.

The water managed to perfectly get into the control panel and fry the entire unit. 

I’m a Senior in highschool planning to go to college for Business management - real estate minor.

. - Strict local regulations can also sometimes increase compliance-related maintenance costsCost-saving strategies I've seen help:- Preventative maintenance programs can help reduce overall costs obviously - Some investors report success with in-house maintenance teams for larger portfolios- Energy-efficient upgrades can help reduce utility costs in the long runYour specific costs will depend on factors like the age and condition of your properties, your management style, and the specific neighborhoods you're invested in, but hope this helps!

What’s the best system for real estate investors who privately manage their own properties??

In my local market (SE Michigan) construction costs have gone up but home prices have fallen.