renter sucked...didnt pay.... cost me a lot of money blah blah blah.

We have started to think about selling the property and using the proceeds to buy another home in a more desirable area where we believe market and rent appreciation has greater potential for growth.

They will handle all aspects of renting out your second home.Long-Term Rentals (LTR): The management firm can find long-term tenants for your property, screen potential renters, handle lease agreements, and manage any issues that arise during the tenancy.Seasonal or Short-Term Rentals: If you prefer to rent out your property on a seasonal or short-term basis, the management firm can handle marketing, bookings, check-ins, check-outs, and cleaning between guests.

Factoring in filing taxes, maintaining LLCs, and overall cost vs security, I’m hearing many different options. 

And also maintenance labor costs are up 30% to 50%.

You can use an FHA loan with 3.5% down (That’s $7,000 cash out of your pocket) Then there are closing costs of a couple of thousand dollars.

However, for the rest I am looking for potential solutions to this situation.

Just be aware of potential special assessments that may be in the works or could potentially come about, and factor in continued increases to the monthly COA fee.

The market rent puts all three together at approximately $2900 monthly.Now here are the details and costs behind the acquisition:Property taxes: $5000 yearlyInsurance estimate for all three: $3,300 yearlyC-class properties (not best location, their condition is about average - older properties)Purchase price: $250,000k$15k down and $235k seller financed at 6% interest for 30 years. 5-year PPP. 

Redoing the titles and warranty deeds for our properties is costing us money I could have avoided if I had known better.