My tenant did not provide a forwarding address when they moved out.

If they have a timeline on moving, or needing a reasonable timeline to find a replacement property, try and be accommodating. - Love letter.

Regarding if you should DIY manage or hire a PMC:Many new investors read a couple of posts and then think self-managing their rental property, and avoiding PMC charges, is an easy way to boost their ROI.The reality, is that many of these investors really haven’t taken the time to properly understand what it takes to properly manage a rental property and the corresponding tenants.Here’s a list of some of the requirements to properly manage a rental property:Knowledge of all local municipality, state and federal landlord requirementsIntimate knowledge of all Fair Housing statutesUnderstand all federal privacy laws, as they’ll be handling social security numbers and IDsProper business insurance in the event their computer is hacked and or they improperly dispose of tenant data.Where to advertise their rental, other than ZillowWriting ads compliant with Fair Housing statutesCreating a process to accept calls/texts and schedule prospects to show their rentalA rental application and application fees that meet all local and state requirementsKnowing how to screen applicants to avoid professional tenants and the growing amount of fraudulent dataA lease compliant with all local, state & federal lawsUnderstanding local and state requirements regarding security deposit collection and holdingRent acceptance options for tenants and accounting system to track, including late fees, etc.Plans to handle nonpayment of rent issuesKnowledge of their local eviction laws or access to an attorney familiar with evictionsHow to accept, track and respond to tenant maintenance issuesBuilding a list of handymen and contractors for maintenance and turns between tenantsExpertise at evaluating tenant damages to charge against security deposit when tenants move outResearching local utility requirements to avoid suspension of services that could lead to frozen pipes or flooded basements, etc.

Estimating is the key word . 

However, as a millennial with only 80k in income actually moving into the property and claiming NY residence would have been financial suicide.  

Hello, I’m considering turning my primary residence into a rental and moving out of state.

I'm about to make the move to Tampa as I work in the area often.

My main goal is to get some cash flow at first as I drained everything 6 had moving here and starting my Airbnb which made me think I'd like to do this again.

Your current home becomes a rental once you've moved out, and even if you aren't cash flow positive in year 1 (new rents - debt on new primary - current mortgage pmt), focus on aggressively saving towards a $10-20k cash reserve & have faith that market rents will rise over time to catch up to today's affordability crunch.or 2) Save up a full down payment on an investment property.

I'm ready to move onto my next house hack.