That being said if you have solid property management this may not be the case as I self manage.

I have great contractors, Property management experience and multi family,  very familiar with renovations as well.

We just bought a condo on the Gulf Coast, and the old management company has said the same snowbirds come to our unit every year from December 15- March 31.

-based, Bookkeeper Launch certified, and QBO ProAdvisor certified (also, experienced with common REI PM/Project Management software such as Appfolio, Buildium, DoorLoop, BuilderTrend, etc etc).We have a Client Portal you can run those receipts through to get rid of the shoebox!

I have a few construction crews that I regularly work with as well as a Draftsman that helps both with drafting plans as well as managing the permit.

I am looking to connect with a few property managers and/or management companies who operate in Jefferson County, Missouri (the next county south of St.

@Basit SiddiqiAgree for example would you rather have 13% net but deal levered 75% or a deal no levered at 8% net.On a 100k investment I would take the 8% deal every day as I will gladly pay an extra $5,000 to reduce my risk substantially since in option 1 the deal can go to zero in option 2 realistically it would be really poor management if it lost more than 10-15% of your capital.

We have a property manager in Colorado and another one in Ohio that give us pretty good annual reports.

She manages tenants well and does not charge a lot.          

I would say it probably happens more often than not especially if housewife or househusband is doing that managing.