Many who start with SFR, need to move to multi family, commercial etc. to have enough deal flow to maintain quality and meet the demand.  

Short-timers, which was fine with me as there were times I didn't want anyone else in the house with me.

If you are planning on doing this in stages it will be somewhat inconvenient and costly because you'll have to maintain two self-directed IRAs: Traditional and a Roth.

Maybe shoot for the tenant you are "okay" with while you build up your reserves and get the unit maintained, then try again once the unit matches the quality of the tenant you are after.I don't recommend running out and selling your property for no reason, but you do need to realize that you have put yourself in a situation where your tenant decides if you get to keep your property or not simply by whether they feel like paying rent on time...Best of luck to you and I hope you get an AMAZING tenant for the next one!

A lawyer will help you understand how to keep your LLC activities separate from your personal activities to maintain your asset protection.

As for the sinkholes, anything related to the drain pipe, including holes caused by loss of material, is the responsibility of whomever maintains the storm sewer system.

I've only driven through there once or twice and thought it was a little busy, the fences weren't maintained and there may have been graffiti on a building (maybe it's a mural??).  

I might allow them within the lease, with the tenant being responsible for procuring, maintaining and securing the units if they so chose to get them. 

HelloMy question is for the investors out there that own rental properties in other areas of the country and depend on local property management to keep the properties operating effectively.Basically just broadly searching for tips/advice on how to establish and maintain an honest and satisfactory relationship with the PM. 

Assuming 8% return on your 350k equity, you and your wife have a shortfall of about 70k total to maintain the same level of income.  35k each doesn't seem terribly difficult to achieve for freelancing work.