Hi Ismael,It's great that you are thinking ahead and properly managing risk.

MANY self-managing landlords violate Florida law and don't even realize it... they just get away with it because the tenants don't know. 

I am curious what expenses others pay through their property management LLC on behalf of their rental properties.  

First property has been renovated, leased, and managed in line with all timelines and expectations.

Even in a perfect market with low interest rates and high resale numbers, and the perfect Contractors and Property Managers.....

I've seen property managers charge a % or flat fee to do project management or coordinating multiple vendors for say a make ready repair turn.

If the home sales start to increase it would be around late 2025 so by early to mid 2026 that would be your window to refinance and pull out some equity.You would probably see the rental market increase by late 2024 as the initial plant managers and workers move to set up shop. 

I've shown a dozen houses to a pre-qualified buyer, only to have them tell me they decided to rent for a couple more years or they are moving to another state. 

(He does some levels of property management and knows everyone).

If you're struggling to handle tenant issues on your own, don't hesitate to reach out to a local property management expert who can take over the management of your rental property and help you earn a passive income!