I would stay away from most HML because of the short nature of their loans.

There is also HOA which is only $300/mo, but ana dditional annual club fee of $28kLuxurious 6 bedroom / 5.5 bathroom single family house 5100sq ft. on a Par-72 18-hole gold club.an open and spacious two-story floor-plan with lots of natural light, marble flooring through, tons of upgrades including a chef's kitchen with granite counter tops and stainless steel appliances, huge custom walk in closets, two master bathrooms, tropical pool and spa and gorgeous lake views!

Example: Purchase price: 100k Monthly rent: $1,000 - 2,000 (1% - 2%) Its hard to answer your question because it is generic in nature.

Owner agrees to compensate Manager as follows: Owner agrees to pay the Manager ___12 (twelve)_ percent of all gross receipts and income collected, as a fee for managing the Property (gross receipts are defined as all revenues of any type or nature collected from the operation of the Property), including but not limited to refundable deposits; which fees, plus all other expenses of any kind or nature, direct or indirect, as to the Property and management thereof, shall be deducted by the Manager from gross receipts and income, and further agrees to abide by the conditions set forth by the Manager to the tenant on the Owner’s behalf. $50 monthly fee on months of vacancy.

I'm looking for investment that I could probably try to sell within 7 years.I'm not sure if there's any other loan out there for non stated income, or something in that nature.

But do make sure that you are adequately insured.

Then a good list of traits for the PM (which are harder to come by than knowledge) would be: - Organized - They have to be naturally organized to be efficient and enjoy the role of keeping everyone else organized. - Analytical Problem-solver -- Must be inclined to figure things out cause growing companies have lots of problems, as do projects. - Commanding yet collaborative - can command respect from more experienced, more physically able workforce - Resourceful - Inclination to get things done by tapping into resources (network of experts) vs. trying to address major issues without inputWhat would add?

As a property manager myself my natural inclination would be to tell you to hold it.

The best places have been the whole in the wall places where people don't sNt to buy therefore there aren't rentals to be be had naturally when people rent instead of sell.All of out areas have been found through evaluating the local market!

Make sure your insurance policy has adequate coverage covering demolition and removal of any debris (including potential hazardous materials (asbestos, lead, etc).