Now that the deal is closed, property manager is hired and lender has approved an LLC transfer.... it's time to tackle the LLC transfer, itself.

Of course, if I go forward I will have a full inspection done to turn up any issues like that during escrow, but that's a potential big one if it hasn't previously been addressed.Here's the purported breakdown of expenses, I'll note where I disagree:Administrative: $6400Advertising: $5344Repairs & Maint: $30,400 (might be low, at least initially)Management fee 5%: $12,097 (probably low if onsite manager is also required)Utilities: $43,744Contracted Services: $6,400 (not sure what this is: yard service & pest control, pool service, etc.

I really don't trust that the property manager is going to use the security deposit in my best interest... we are a military family and fixing to retire, the equity in the house was our nest egg for our 'forever' home :(

I see it is very hard to find a good property manager.  I

If the property manager is unable/unwilling to settle this and make your complaint go away, then you enter the long investigation phase.Keep it factual.

You can buy a house in the older part of Roseville for 200k and put 20% and break even if you hire a property manager. I

No spring chicken, over the last couple of years I've sold homes and investment properties to more millennials than any other demographic and I attribute this to a fundamental strategy - positioning myself as a real estate professional knowledgeable of the local market and its conditions.

We don't know if it will take a few months or a few years so we decided to drop the deal.3) Raising Money, Organization, Systems, Training, Networking & RelationshipsLandon - who is also from BP is now my Project Manager. I

Generally the asset manager is trying to hit 90% of the BPO value.The listing broker/agent completes a BPO when listing and then every 15 to 45 days thereafter depending on the asset manager will be asked to do a new evaluation as to what the property price should be changed to.Initially before listing the asset manager also gets a third party broker/agent who does not have the listing to complete an interior BPO.The asset manager puts more weight on the third party BPO as that person is simply being paid a fee (usually 50 to 90 dollars) instead of getting the listing assignment.Sometimes the asset manager will go lower on a property.It depends on activity on the property so far,condition of the property,how much already that is non-performing on the books that they need to purge etc.

We just took back management of the property from a Property Manager.  I