These services include:Property Marketing: Real Property Management utilizes various marketing channels to attract potential tenants, including online listing platforms, social media, and local advertising.Tenant Screening: They conduct thorough background checks on prospective tenants to ensure that landlords get reliable and responsible renters.Rent Collection: Real Property Management handles rent collection, ensuring that landlords receive their rental income on time.Maintenance Coordination: They coordinate property maintenance and repairs, ensuring that the property is well-maintained and in good condition.Financial Reporting: Real Property Management provides detailed financial reports to landlords, including income and expense statements, making it easy for property owners to track their investment performance.Legal Compliance: They ensure that landlords and properties comply with all relevant laws and regulations, helping to mitigate legal risks.Benefits of Using Real Property Management for LandlordsThere are several benefits to using Real Property Management for landlords and property owners:Time and Stress Savings: Real Property Management handles all aspects of property management, saving landlords time and reducing the stress of managing rental properties.Quality Tenants: Their thorough tenant screening process helps landlords find reliable and responsible tenants, reducing the risk of property damage and rent defaults.Property Maintenance: Real Property Management ensures that properties are well-maintained, addressing maintenance issues promptly to preserve the property's value.Legal Compliance: They stay up to date with all relevant laws and regulations, helping landlords avoid legal issues and potential liabilities.Financial Transparency: Real Property Management provides detailed financial reports, giving landlords visibility into their investment performance and cash flow.In conclusion, Real Property Management offers a comprehensive solution for landlords and property owners, helping them maximize their rental property investments while minimizing the associated challenges and risks.Managing Tenants and PropertiesTenant screening and background checks.Finding the right tenants is crucial for a successful rental property.

The amount of insight and knowledge you'll gain by not doing it yourself and learning from the MANY mistakes you WILL make is invaluable.

I’ve spent the last 6 months listening to audio books and surrounding myself in good YouTube and Instagram content to build a good foundation of knowledge. 

Its all about knowledge and your teamAll the best 

The owner is remote, and there is one main person running the business locally, so the challenge is how to replace this local person without losing existing business/clients (no, this person is not looking to stay for the long haul).You all sound like very experienced managers. 

Not every property lends itself to each strategy, but you'd be amazed at all the various reasons people are looking for midterm stays!

I currently have zero knowledge or experience in this field, and would like to connect with mentors and investors, to direct me on the whole nine yards of getting funding, real estate germin, where to begin, etc.

We keep them in good shape though and have a maintenance manager hired as an employee to stay ahead on upkeep and maintenance. 

The seller is responsible for the listing agentcommission and any outstanding liens or back taxesKey Points:This is not a loan assumption; the loan remains in the seller's name.The seller stays in the second lien position until the loan is fully paid.The buyer handles all future property repairs and maintenanceI would love to hear from the BP community about whether this is legit and what exactly this company's end game is (how are they using the property and how are they making money). 

Carefully underwrite your deal such that you can still produce an excellent product and make your margins.In the beginning I'd stay with normal 3/2 's in the burbs.