A property manager has told me I can get 8-12k a month for my in law apartment so that sounds pretty good to me and I can build funds.

Work with local real estate agents and managers for valuable insights and support.Good luck!

LTR management fee is 10% standard with PMCs in Indy.

It does affect the bank's risk management processes.In the event they do require the loan to be paid off entirely, they issue a demand letter that gives you 30 days before they begin a foreclosure.

Hi BP Friends,Does anyone have any recommendations for short term rental property management in Mariposa, California?

Welcome Brandon - I have properties here in the wyoming valley.I am a native to the area.Scranton has many hoops to jump as an investor - esp. an out of the area investor.One is you'd have to hire a property manager if you do not live in the city of Scranton or within 20 miles of the city.Real estate taxes are high -that plus the current interest rate and ask prices makes cash flow an issue.You can find "deals" but please do your due diligence.Here is an example of a potential deal I am evaluating in the hill section of the city: 20 y/o, 2000 sq ft. 3b/3bath TH - Needs paint, new carpeting, and general wear and tear repairs after a 4 year tenant.

You can also partner with someone with money to purchase a house, manage for someone, etc. 

My goal is to build a passive income portfolio, build equity and appreciation in properties, build a strong management system, and continue investing for financial freedom.

A property manager should not disburse funds at all unless they have the necessary documentation from the out-of-country investor.

I am no where near a credited investor yet, but I understand the in's and out's of property management, business deals, transactions, and core understanding of how to find the right deals.