We personally do not charge an application fee, but we do ask our applicants to pay for their tenant screening through the property management software we use.

Hey Shannon, When yourdeciding whether to form an LLC in the state where the property is located or manage it through your home state LLC involves weighing several factors.

It doesn't do any good to invest in a strong market if you don't have anyone to manage it.

.- VA: with the remaining $200 or so, I'd invest in a VA to either help you make calls or manage your database.

We manage property here and can help you come up with a realistic rent amount before you buy.  

I'm looking for a property management company for a coliving/rooming house in D.C.

Later this month, I'll be visiting the city for a couple of days and would love to meet anyone who can help me kick off my investments - agents, property management firms, wholesalers, and contractors. 

Another option, that I say good results is listing in zillow, at the time it was free to do it there.In my case, I have negotiated with my realtor a lower one month commission to a 75% of the first rent, and he manages all the calls, tenant verification, and showing.

They have a special meeting just for landlording that meets once a month and is run by a local Property manager that operates over 400 doors.

I self manage my units, which I love doing, and therefore my tenants have my phone number for when there is an issue.