Find a lawyer who specializes in landlord-tenant law in your state, and not only that, but who know the rental and property management business well.

I claimed about $30,000 in depreciation on my tax return during the rental period.

I have read on here that hiring a property manager for out of state rentals include the service of them collecting your rent for you.

I recently purchased my first rental property in 2023 for about 130k.  

Prices have jumped up pretty significantly the last few years; I had an addition done in 2021 just when lumber was starting to go berserk and I spent $100/sf *BUT* I use a lot of these contractors in my rental business and it wasn't a turnkey job - I did the electric, insulation, HVAC extensions, painting and trimwork.

Scott Trench's new article   Millions of Americans Should Keep Their Homes as Rentals, Not Sell.

He is pretty active on BP, an attorney and former judge, and owns 50+ rentals. 

ARV : $250,000Monthly gross rental income: $4600Monthly mortgage payment: $1100Property description: completely vacant 4 family (three 3 bedroom, one 2 bedroom apartments) in a competitive rental market with housing shortage (large pool of candidates) 7000 sq ft property with massive units, roof was torn off and redone, newer hot water heaters, furnaces, electrical, plumbing.

What’s recently sparked my interest is partnerships with rental property owners and posting properties on Airbnb.

I personally, being on the NAR Board, at multiples levels of the organization, and being heavily involved on the lobbying/legal side have been way ahead of the curve on this stuff.