Since the current on-site manager and cleaners (they are lovers) burned out and decided to leave upon closing, we are planning to find a new on-site manager.

So this isn't burning crosses and explicitly racist agenda racism, it's "laziness and indifference" racism.

Meanwhile, I've had 2 rental checks burning a hole in my pocket since March 11th and I told the other two to hold on to theirs because I have nowhere to legally deposit them.

It's your property, and you see everything which is great because you can nip serious issues in the bud; for example the tenant is less likely to have wild parties, trash the place or burn it down with you next door.

@Noah LomaxEvery out-of-state investor I have seen try to manage remotely from out-of-state typically crashes and burns.

I'm still here here 10 years later while I've seen hundreds of others crash and burn.

You'll burn through several of these before you either get lucky or figure out it's a big waste of time dealing with these types of agent.3) Start attending investor networking events and connect with other investors/agents.

I also would be very interested as to how I could possibly be burned on a tenant with prior evictions that will offer more cash up front.

Am I being naive, or how can that offer with the troubled credit paying over market and 2x security deposit burn me?

Since the time I was in middle school I've had a burning desire to avoid the 40 hour, 9-5 grind like the plague and have been unimaginably blessed to do so since I started my business in college.