I'm a property manager in Palm Beach County and I've grown increasingly frustrated with the costs associated with appliance repairs in recent months.

I’m looking for a property manager that I can pay as needed.

Since I live out of state and there are no nearby managing companies, I decided to sell the home.

It is full of practical advice on how to manage rentals and it will show you exactly what laws you need to follow. 

I would invest in ETF's all day over investing out of state without a property manager and on properties that need rehab.

On top of that, if the property is being used as an STR, most lenders will want to verify that you have experience owning managing short term rentals.

@Bruce Lynn, while I am guessing because I don't know "most" large multifamily, I would say it is very much manager dependent and likely to become more common place as many syndicators are struggling to make their mortgage payments.Ownership companies are still run by people, and people that don't have enough money to pay their bills will start prioritizing who to pay based on the perceived risks of not paying.As for taking over any outstanding bills, that is one of many issues of the common LLC transfer.  

Hi BiggerPockets Community,I'm having trouble managing mortgage payments for my rental duplex property and could use some advice from those who have dealt with similar situations.Background:The mortgage for our rental duplex is in my and my wife's names.Our LLC holds the property deed via a quitclaim.We set up a business checking account for the LLC to receive rent payments and manage property expenses.The Problem:The bank requires that mortgage payments be made from an account in my and my wife's names, not from the LLC's business account.

Managing the rehab if it’s fix and flip.

How do you keep the management straightened out to execute your cash out strategy?