Getting a rental license as an out-of-state investor is doable, but you’ll need to manage inspections and compliance.

Start by being actively involved with your PROPERTY MANAGEMENT duties.  

Joe Edwards is managing partner & we’ve been working with Nick Raiamondi.

Does it have shared systems you have to manage or separate utilities for everyone? 

For owner managed properties like this we see expense ratios in the 35%+ range. 

I manage the program for one so I wanted to provide good questions to ask.

It does take 1-2 weeks to accomplish, so does require some effort and monitoring on your part, but sounds like you are a diligent self-money manager, so should be easy for you to accomplish. 

If you're considering mobile homes, the first step is checking zoning laws and utility access since some areas have restrictions.For resources, Mobile Home University is a well-known starting point, and local mobile home dealers can offer insights on placement and financing.If mobile homes are allowed, you could either rent them yourself for higher returns but more management or rent out the lots for steady cash flow with less work.

I have helped hundreds of investors execute 1031 exchanges and build diversified portfolios across various excellent markets, all while using just one property management service.

I have 1000 sqft so $250k.if I have no GC and manage all the subcontractors I will not have a Rolodex so have to find subcontractors and I’m sure there are a million other complexities.