Quote from @Theresa Harris: I'd also tell the tenant who they tried to evict under false pretenses to leave a google review for the PM to warn others.Thanks for the idea about doing reviews, Hmm, unfortunately the tenant is upper 70's and doesn't do much online,   Part of the problem was that the tenant wanted to pay cash for rent every month, but the PM wanted the monthly payments online, 

Within the purchase contract, are there any specific criteria I need to call out (this is anew build, if that helps)2. for the agent contract, it says they will be the exclusive agent - I get that makes sense in the context of this property, but can they make themselves the exclusive agent we have to work with across Texas?

Purchase price: $249,500 Our first home turned first rental property!

If possible, keep doing this into your next property that you purchase.

Purchased for 725K.

I'm not sure the deal pencils at this purchase price (even with the vacancy, repairs, capex, and management fee being zero).

FHA offers a 3.5% down payment option up to 4 units and Fannie Mae offers a 5% down option.If those down payments are too high based on the purchase price you can again, use a DPA program.

It sounds more like the applicant purchases the credit report and gives access through the credit agency to the landlords who have to accept it if it is less than 30 days old.

We purchased our first rental in Aug 2023.

From what I have read, the main benefit is early access to MLS for purchasing homes and saving on commission costs while selling homes.This leads to two questions: - Is simply having early access to new listings worth $600, or is it only worthwhile if I plan on flipping and selling a property on my own?