For larger homes this will cost more.

Hi Mohammad, glad to have you as a part of this awesome community!

Despite this, the median sale price rose by 2.07%, reaching $617,500.

Another item is, my logic at purchasing this property was to spend less than what I am paying for my current living expenses and it is about there.

I just had a guest like this. 

Obviously with this summer’s market it wasn’t the best decision for making a lot of money but I’ll still make some, learn a ton, help out a neighbor, and got my feet wet!

@Ivan WudexiRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

What made you interested in investing in this type of deal?

Backup alternative in this area is redevelopment to condos if an owner preferred that route.

If multiple guests have a terrible experience and rate those accordingly, this should resolve itself.