I think if I were to sell it now I could get around $600k, maybe just below.My company is moving my family and I to NYC and will be covering our housing (rent) for at least a year.

If you want to be hands off you will have a hard time finding a local and reputable PM company to manage it.

When I went into the Air Force and was stationed in Idaho I started a painting company and had 8 painters working for me while I was a plumber in the Air Force.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Every professional property management company in the world has maintenance techs doing simple fixture replacements perfectly competently without any special licenses.

I want to pay my credit cards off ($15k) and adopt children (estimated to cost $10-15k) My company will reimburse me the adoption fees, but not until it's finalized so I am hoping to do a HELOC so I can re-use that monies later on for bonus items like a pool or something fun for the kids.

Let's dive into the absurdity of setting up an LLC with a separate Wyoming holding company, just to sell an Xbox on Craigslist.

I made a great purchase of my first STR in May of this year, made it an outstanding property and handed it off to a prominent PM company to manage.

There are a lot of different kind of investors out there and your title company has to understand what they are doing as well as the agents on the other side if it's an on market property. 

My thought process was that I was dealing with a sophisticated individual that understands that a company needs to be profitable in order to be able to offer a valuable service.