Phoenix seems to be overpriced at the moment, but its tons of so called condos/apartments that are folding due to poor management.

I have not had any applicants attempt to scam me, but I hear about it all the time from landlords and property managers in larger cities.

Tenants on the left were inherited with the purchase several years ago - they had a trampoline set up at that time, and I had my property manager ask them to remove it.

Can my property management company manage the property and receive the income?

Hey Daniel,I think it really depends on what your strategy is.If you are planning to pick the market, furnish and manage the property then education will be extremely beneficial.If you are partnering with an experienced agent/manager then a lot of the guesswork is taken out.I'm based out of central FL and have helped multiple Canadians purchase investments in FL.

I manage around 400 rentals with 14 years of experience and have never been sued once.

The best ways to find this are 1) See if your local NARPM (National Association of Residential Property Managers) has an attorney affiliate member. 2) Ask your local landlord and investor club members who they use. 3) If 1 and 2 are not options, go to your local court case lookup site and pull the cases for the third week of the month.

The goal is to pick up a property to hold and manage.

Managing Rental Properties by Heather and Brandon as well as Rental Property Investing by Brandon Turner.

I recommend reading “Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties” - I found it to be very helpful when I got started investing 2.5 years ago.