I'm not in your market but I can pull national comps to help you guys set a realistic asking price if you'd like.

@Jeb BrilliantI would look at kwik set as they have a range of products. 

You could try to buy as many as you can get financing for, to include the partnership you set up (w/your investors).

I have just started with a single rental house and I want to make sure that as I set up my accounting processes that I am doing what is both corrected and needed.ThanksGreg

Hi everyone! Wasn't sure where the best place to post this is... but I'm looking for a little advice.I have been very active in networking and getting to know the important people in my market. An old professor of min...

The very reason for a generic rule of thumb.LOL Thought Id post my expense averages over the years and remind folks that a 10% PM fee is way too low at least until occupied and stabilized.

I can still maintain my profession as an attorney because for the most part I have hired staff and set processes up that don't require me to be part of the day to day operations.

Being that we both have individual assets to protect, an LLC would seem like a no-brainer, except for the fact that setting up an LLC would rule out conventional loan sources. 

Hopefully he has also seen you deliver at work, and your willingness to roll up your sleeves and take on a task, without hesitation.many potential investors show up at meetups but fail to follow through or even have a plan.I'd suggest you take this further by developing a business plan and goal setting. 

If you rural setting lacks a leasing agent, give it a go with the suggested $13-14 rate.