Hello BP Community and Property Managers,I'm planning to take over as property manager on one of my rentals and I'm looking for input for a smooth transition.

NOTE: We planned on using Turbo Tenant for tenant management.Thanks in advance for your help!

Even if he has negotiated lower rates with vendors, I would expect him to pass that savings onto the investor and not pocket the difference.  

Decide how you plan to scale. 

I haven't done the MTR yet, but plan to on the place I fixed up since its next to the hospital. 

Do you have to return the savings back to IRS if you sell it before 30 years?

If you do not plan to live there buy it as either as a Seond home or investmet.Second Home is 10% down - seller can offer seller credit to cover closing costs.Investment Home - 15% down - Selelr credit but ony 2% of sale price Max.Pull cash out of your primary or another property via cash out refinance or LOC for the down payment.Feel free to reach out if you have any questions.

Do you plan on self-managing (you should)?

I plan to build a Airbnb type of hometel, where to find investors?

I'm not a big fan of mixing family and business because it can destroy relationships.My favorite recommendation is the one nobody wants to hear: work like a dog, save up, and buy things you can afford to pay for.