Not some basic furniture with a couple of sets of silverware thrown in.

Simply put, there are a limited amount of PMs that will operate in the area, so I ended up with poor management.

She did nothing more than just forward my e-mails with my questions and concerns and set up a few calls without adding any value to the communication chain.

They were perfectly acceptable 20 years ago, but now many areas are limited to one guest per calendar month. 

The right agent will have worked with Canadians before, will have lenders set up that can work with Canadians and will have a seamless process for management.Not only can an agent set you up with a GC, property manager, lawyer, insurance broker, inspector and everything else you need, they can analyze deals and put numbers in front of you.Your job as an investor is to vet the vendors they are providing and double check their analysis.  

So, setting aside the cash flow he enjoyed for the last 40 years, he has a profit of $305,000.  

(ATTOM)While specific monthly foreclosure data for Maricopa County in 2024 is limited, earlier in the year, in April 2024, the county recorded 281 foreclosure starts.

Keep in mind that pool maintenance and chemicals will set you back several hundred a month, plus higher insurance, utilities etc.

Chalet is a great resource for getting set up with a STR team.

The seller and their agent hopefully did a good job communicating with that tenant to set expectations.