I normally advise people to self manage for the first part of their journey if they can so that they can get a knowledge base to become better investors.At some point if you get to enough units self management is tough and its too costly to hire an employee so the numbers make sense hiring a property manager.To be blunt, you are going down a risky path for an investor.  

., you sell your investment), you may be able to use any remaining suspended passive losses to offset other forms of income, including non-passive income like W-2 income.It's important to note that tax laws and regulations can be complex, and the treatment of passive losses can vary based on individual circumstances and changes in tax laws.

Our assistant property manager, Julie would be a great person to connect with as we are also based in Pennsylvania, so hello from Pittsburgh!

You’re gonna love these prices in 5 years.A Closer Look: Tennessee Let’s switch gears, and do a brief, closer look at a part of the US that is doing quite well: my home base of Tennessee.

I would avoid the niche sites that target a specific demographic because it limits your marketing and rental base.

I have intentionally built a healthy owner-tenant relationship over time, and I find that based on the mutual trust component, she cares for the property better than any other tenant I have had. 

As others mentioned, there is the cost to sell which can really eat into your equity as all those costs come from your equity but are usually based on the whole value of the property.  

You can DIY, but based on all the things you have said, I think it is time you hire an attorney. 

Does anybody have any spreadsheets or tools that they'd be willing to share with me around some solid number predictions based on interest rates, occ %, etc. 

I feel Hard money lenders are more logic based and rational people.