Additionally, you could be prohibited from obtaining a HUD-insured loan for an indefinite period."

I haven't spoken to the current property management company yet, but I wanted to get an idea of some info beforehand because I plan on shopping around for a property management company myself.1) Do some property managers have contracts with the property owners for specific periods of time (i.e. a 1 year contract to manage a property)2) If so, am I responsible for continuing that contract once I take control of the property like I am with the tenant leases?

During this initial learning period of 8 years after 1973, as I accumulated more knowledge and skills, besides “hands-on” experience I also worked sales, cost estimating and as an assistant superintendent overseeing multiple jobs.After graduating from Michigan Technical Institute with a diploma as a legal secretary (although I intend to become a medical transcriptionist and medical records specialist).

If they return it in good condition, they can still get their deposit back without penalty for breaking the lease.Don't get caught up in childish games because the tenant has the advantage by making your life difficult for a long period of time.

GeorgeBad idea period; A new car is the worst investment that can be made, you’ll end up with payments on something that does not produce money, but cost money, then the value of said car will drop dramatically and by the time you get done paying it off, it’ll be worthless, you could have used that money to start investing.Buy a beater for cash, save every penny you can by not buying shinning things that “DO NOT PRODUCE MONEY”.

To show me consistent returns over a 5 year period.  

In that contract there will be a period of time for you to do your inspections, due dilligence, etc.

Aside from mechanics, it's important to know that all IRA/IRS guidelines extend to the LLC as an investment vehicle.

I had a leak in my bathroom, and didn't notice for quite a while because the water went UNDER the vinyl and wasn't noticeable for a period of time.

To my understanding, the main stream of income generally comes from leasing it out to a single tenant for an extended period of time.My question is, instead of leasing directly to a tenant, would an owner of an investment property consider selling their rental rights for a fixed amount to a short-term rental manager?