I would be happy to share my experience in knowledge in this area (MA and RI) as I continue to look to build my portfolio. 

Hello BPers,I am an investor investigating the eastern Michigan market for flips, short term rentals and buy and holds. 

We plan to spend the next 6-12 months continuing to earn and save, as well as nail down a final market we want to househack in.

We’d like to continue with this project remotely, but the idea of managing contractors and overseeing a renovation from afar feels a bit daunting.Have any of you undertaken a similar project?

I just want it to work and be a positive experience because I know that will keep me motivating to continue investing and building my portfolio.

Though I did choose to continue with the suggested property management company of the area, I was able to find different lenders that suited my needs better.Overall the process was very easy, much easier than I thought it would be.

The second company had a PM contract and due to other reasons we did not continue their services after a couple of months so tax stuff did not arise.

Right now there's huge concentration, but as this continues to build out and we see north of the high 30s GW by 10 years from now it'll be almost a requirement to keep some type of locality based risk assessment and to diversify. 

They cannot continue a lawsuit on your behalf if you have not authorized it.I would send them a short demand:"You have five business days to stop the lawsuit and turn over all documents, funds, and anything else pertaining to my property.

Realistically you would expect the house to continue to appreciate during that time as well... even if at 3.33% appreciation - that is another $50,000 in appreciation you would make in the 3 years - give or take.