This also means you will have to pay a higher rate and or cost/points due to it now being an investment property instead of just refinancing this property as a primary residence prior to leaving.This is a mortgage planning tip if you plan to bob and weave in and out of the mortgage lending products ethically while utilizing them to maximum efficiency.

The gas company handled everything from running the new gas line to installing the new furnace.

Then record home-equity lines of credit against them payable to an entity the client was privately.

@Callum SinclairThis is a month-old post, so I'm probably late.The simplest and most effective setup is usually to keep the whole business under your name or an LLC that is 100% owned by you, and set up your family members as lenders, as opposed to partners.If funding the deal makes it impossible, due say to your credit, then you can reverse: have your dad own the property under his name or his LLC, and set yourself up as a contractor for him.Bottom line: it is case by case.

I am closing on a student rental friday and have another lined up after that.

Bottom line, be hands on, learn the processes, and you'll make a much better owner/investor now and in the future.

My landscaping crew was there and she claimed to be electrocuted by a Verizon cable line.

Once a month, change the filters as well as run vinegar down the condensate line.

When we lived further away I hired more things out (cleaning, yard care, small repairs)I have a great prop manager lined up for when I'm ready to fire myself from managing. 

From this, you'll be able to get a line by line idea of what you would need to do.If you decide to improve beyond the market standard, be sure to assess whether the investment required will be paid back through above market rents or reduced vacancy.Sounds like you have a potential value add park on your hands which is an exciting project.