I had never maintained a pool an in a month figured it out.

Rights of the other partner if the managing partner does not maintain the property or follow the contracted arrangements.

Just know your stuff and maintain a sense of confidence.

You are adding value by answering phones for tenants, valuing property, maintaining the home, etc.

If we did this we could at a minimum maintain revenue instead of losing it through dumb *** tax cuts that people don't feel.All for 2.5 trillion.... how much did we give the banks again???

My job does require that I travel and I would like to spend more time with my family rather than maintaining the properties.

I plan on constructing the kitchen and baths with maintenance costs in mind to keep them simple, timeless and easily maintained.

.* Generally have higher gross rent yields (admittedly expenses can be higher due to common utilities and common area mainatenance, offset by economies of scale over time)Once I have 7 or 8 conventionally financed multis (mostly 2 and 3 BR units to avoid transients as much as possible, and to capture large Section 8 allotments), I plan to focus on SFRs for buy-and-hold, using local bank financing.Advantages of SFRs:* Greater rental demand, quicker tenant placement * Longer tenancies typically* Better resale options, including O/O buyers* Tenants pay all utilities, maintains yard* Can rent under lease-option if desired* Less concentration, more diversification* More liquid; if cash needed can sell one houseDoes this seem like a reasonable approach?

Maybe you should hire your VAs to create and maintain a system that creates a relationship with these Agents.

A single member LLC is usually eaisly defeated as most owners can't see themselves making out a minutes book authroizing themselves to go buy materials or make an offer on a property, but a well maintained entity would require these efforts as evidence that the LLC was actually a seperate entity from the owner/member.The more you treat your entity as a seperate being the better off you'll be in having it viewed that way.