Then find a good property manager and realtor to work with.As others mentioned, you could also buy a place for yourself and rent out a suite or rooms (if you are open to having roommates).

Thought is triple+ cash flow with just one insurance, maintenance, and management cost.

I am making this my big push, as it is a win-win right now, alongside my property management business.

As others have mentioned (besides the essentials like rates, mortgage, and maintenance), it's important to consider utilities, insurance, property management fees, taxes, furnishing, marketing, and legal requirements.

I would greatly appreciate any suggestions or advice on how to refinance this property with a more manageable payment structure.Thank you in advance for your expertise and guidance.

Since I last posted we now have seller lead service, skip tracing, API integration for direct mail and a mobile app for managing your business on the go.

Is there anything else that I would need to or want to know in managing this property?

When we perform a service call for a repair item, it is often shocking how many risk management items that we note on the way in and out.

This is coming from 15 yrs of experience managing rentals in DFW, many of them section 8.

The biggest key will be your Property Manager, Lender and Realtor/Agent to find you the deals.