If we asked for a credit, we don't yet have a solid team or even time to be there throughout the entirety of all the repairs, so we would still have to coordinate everything and rely on someone else to be our representative there.

Understanding these terms can often lead you to the correct answer in the multiple-choice format.

While I understand the concepts nothing beats seeing these deals in action.I would be grateful for the opportunity and am happy to offer my assistance in conducting research, organizing materials, or handling administrative tasks in return.  

Roberto,I was going to weigh in, but you got 2 solid answers above that I agree with.My 2 cents,Mike

If I understand the question, you are asking about the management fee for STRs?

Even if an investor is not doing a 1031 exchange, it can again be helpful to look at all the different deals to get an understanding of the market.

Nobody can answer this without understanding what you're trying to accomplish.$55k is a tough amount... it's enough to feel like a good chunk of capital but not enough to do what you might want.Do you own your primary?

@Gregory Jerome,If they don't understand it, move on. 

As I understand it you still have to keep the electric bill in your name and hope to be reimbursed and hope they don't argue with the amount you say they owe So much better to just have seperate meters and let them pay their own bill to the utility company.

My understanding for areas like Big Bear whoever manages the property has to be within a certain distance.