What companies have you worked with on that?

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

3) Do I need to have an actual company or can I do this as a private individual?

This is not just you but large investment companies as well. 

Don,My negativity is with those who are starting out, have no assets and buy it in their personal name and then transfer it to a LLC that has a holding company LLC etc.

Working with a property management company can streamline this process, ensuring that all legal requirements are met and it is handled efficiently.

A few cases of chicken thighs (or even better buy 2 whole birds and break em down yourself, here is a video of Gordon Ramsay showing 8 year olds how to do it), a 20 lb bag of decent rice, and a 20 lb bag of beans (change it up every so often) and you are good to go for 1 month for chicken and 3+ months for beans and rice.

The renters will contract with and pay rent to the management company (not to us).I would like to protect the property and my personal assets from any legal risk from renters.if we use an LLC to manage that risk…1) Does our property need to be in an LLC or can it remain outside somehow2) What role is the LLC business performing (is it also considered a property management business and thus require a real estate business license in some states)? 

There will never be homes built behind this lot since the power company has an easement for lines behind the trees.We have to move out of state due to my husband’s work.

I tried switching to Turbotenant I think it was and set up the first three epaying tenants and sent themThe link to get signed up and all three complained that they’d never heard of the company, didn’t know if they could trust them to be secure, and just wanted to keep things like it was, if it wasn’t broke why change it.