Been managing this property myself for past 7 years.

I’ve managed to buy 7 buildings with 25 units.

There are conflicts of interest with the buying agent wanting to close, the selling agent wanting to close, the property manager wanting new business etc.

@Eli JoffeTo make smart choices for your first rental in Cincinnati, look at key numbers: buy price, fix-up costs, closing costs, monthly rent, mortgage, management fees, vacancy rate, and upkeep costs.

Using a 3rd party out of town manager when you live next door. . ..

The issue is the property manager was still charging 1300 which it's more than sec 8 approved.

IDKCurrently considering opening a FB business account and posting my rentals as a sponsored listing with an FB allowed link to my property manager's application webpage. 

I don't really need property management software as I have a PM.

I promise not to disclose this incentive to you.Then the syndicator will generate a 2.5% fee for buying a building, charge you 2.5% for managing the asset, another 2.5% to sell or refinance it. the GP LP carried interest split will be 70/30 on the huge pile of money we will make.

Do you prefer managing your properties or hiring a manager?