I am an investor/STR property manager in the Mariposa/Oakhurst Area!

Even launched and managed several real estate funds.I specialize in various aspects of commercial real estate investment, like market analysis, financial modeling, debt modeling, risk management, portfolio optimization, etc. 

I do want to manage it myself eventually, but we will have a realtor to list it.

If you're unsure about the legalities or the best approach, consulting with a property management company familiar with local laws or a real estate attorney could be invaluable.Best of luck with your new property and navigating this transition smoothly!

I managed to do that through a combination of doing cosmetic updates and then refinancing out plus using cash flow to extract any remaining money left in the deals.If you want to be aggressive like that you'll probably be looking out-of-state.

Recently, my property manager informed me that a tenant's attorney contacted them, expressing the tenant's desire to terminate the lease due to a mold smell in one of the rooms.

They are managed by a company that rents by individual rooms.

If a commercial property such as 9+ residential units (such as an apartment building) or not residential, the below doesn't apply. 9+ units typically take extra expenses into consideration such as management fees, utilities, etc. 

You want a property manager that specializes in renting properties.

What's helped me throughout this whole process is that I knew I needed to build a team of other investors to manage the properties together.