I'm looking for STR property managers, and real estate agents, (preferably someone that works with a lot of STR's.)Best regards, 

Outside of that, you're left working with normal buyer/seller relations. 

And some investors will be happy with that return on what is a relatively low risk SFR asset they can exit to retail buyers.If cash flow is the most important thing to you, then you may want to focus on things you can purchase all cash.

Would you lend your own money to someone that is planning to buy an investment property, but has no experience managing one?

Hey there BP friends- I am looking for any recommendations the community can offer for a great MTR property management company.

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

2) You may want to get a quote from Hemlane (insurance broker) to see what the insurance is on the house as they should be able to give you an exact quote as an investment property, 3) I would also run your numbers with some property management (6-10%) included in case you eventually hire 3rd party property management.

Many years ago I was speaking at an IMN convention on a panel where the other three panelists had more than $1B of notes under management.

My background is in building, with a degree from TAMU in Construction Science, and I'm currently a project manager overseeing new construction and remodeling of high end custom homes in Houston.

I'm a licensed attorney that does real estate investing/management on the side.