A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

It worked well because it was a rental they were renting for someone else, when the land lor decided to sell I didn't want them to move so I bought it.

They should also: 1) Be using the BP Calculators, or some similar type of spreadsheet, to show an investor why a particular property is a good investment, as well as supplying sale & rental comparables to justify what they enter in any Calculator or speadsheet.2) Know how the Property Class affects expected performance of a rental.

Rates can be a bit higher as well for the extra underwriting. 

In the SFH arena inventory build-up is massive from over a year of the real estate market being stagnant, and there is hidden inventory as well from developers who took their properties off the market and are just waiting until things turn around.

You'll have to pay tax in the US as well.

I am brand new to Pro, so apologies if I am not allowed to ask this.

I started out with a simple VA home loan as well.

sell LTRs and buy Vacation rentals where you and your family can enjoy as well as make income.