This is wrong question to begin with.The right question: do you know any good fund manager that has proven track record with 15-20IRR in the last ten year ?

Management - between myself and a super I work with I think management of the job will be straight forward.

Did you wind up using one of the above property managers?

We are looking for a structure that will permit us to easily raise money without complicating the management level.Curious to know what people recommend for jurisdiction and structure for such an entity.Thanks in advance for your help!

Anyone else have any recommendations on best way to manage this? 

Investment Info:

Small multi-family (2-4 units) other investment.

Purchase price: $260,000

Cash invested: $5,000

This was a short term lease option agreement to help the original owner get back on tr...

As a landlord you may receive rent from the government but you still must manage their ward/your tenant by your standards.If you screen and allow tenants with below average credit scores there is no doubt you will be effected by this tenant.

When he called me this past time, he was in the bank and while I was on the phone, politely asked the manager to speak with me so I could get more information as to what was going on.

I find that all of our tenants when we say we don't use property management they jump for joy and say their prior landlord/property management was terrible to work with.I just assumed that everywhere has bad landlords who aren't willing to do the right thing for their tenants, which ultimately leads to happier tenants, longer leases and more $$ for us.

We own and manage a couple of small multifamily homes.