Where are you located?

Hi All,Our tenant's lease requires a 60 days notice, she only gave 30 days notice, and we immediately started advertising the property and were able to secure a tenant fairly quickly where her lease ends on June 30, 2024, and she has already moved out as of June 22, 2024 after paying the rent for the month of June, and the new tenant will move in on July 1st, 2024. 

I’m all about vendors earning a living… but some use that exploitive model where the theory seems to be “If they’ll pay it, why not!”  

Once you've identified your market and where you'll be purchasing to house hack (or if you'll do it out of the home you're in today) you'll be off to the races to start your journey.

With regards to "red tape" I'll tell you that the week after we closed on our property we received a letter from the historical society welcoming us as new owners, but they also informed us that any work done to the exterior needs to be approved by them first.

Now that from May we are entering October and this morning I get an email from Ross that Citrona Homes is not under any obligation of management and if I am unhappy I can move my management and that units are not guaranteed, ROI is not guaranteed and rehab may go until end of October, again nothing confirmed..........where as when they sold me the properties they had a total different scenario.

Your thought process on the contractor providing quotes to possibly "win" a job may seem correct on surface level as a lot of businesses offer "free-mium" products - but ultimately time is money, especially in real estate where good contractors are in high demand and could better spend their time finishing a project before accepting the next one. 

It doesn't sound like this "statutory agent" is an "agent" as we understand in normal course of day to day life where the agent can bind you with their actions.

So I’ve read I have to start an LLC in Pa because it’s where I reside, but I could create an LLC in a state, let’s use Wyoming for instance, that would be the owning entity of the LLC that I would create/own in PA to protect my privacy and my personal assets in case of a law suit.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.