A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

I’m not making much on rent and the house needs HVAC upgrade as well as cosmetic repairs.

If you have experience with Kauai, i would love to get your feedback on specific zipcode/neighborhood to invest as well.

Then there is also a homestead exemption as well.  

This would have to be retroactive to the date of her Active Duty enlistment (or orders if guard/reserve) and apply up to 6mo after her Date of Separation.It can be a long hard road, but well worth it. 

This would be both a risk mitigation strategy as well as a bite size learning opportunity as I intent to manage close to all aspects of these for at least the short term (want to be an expert in the day-to-day operations before hiring this work out). 

@Steve Kontos I've been a RE developer for nearly 20 years on commercial, mixed use, industrial, and residential developments.

I slept well at night, even with a portfolio of SF rentals in my name, because I had a $2M umbrella.When done correctly, an LLC adds another layer. 

It allows us to really serve our tenants well, which in return makes the owners happy.