I’ve been in this situation and with a growing portfolio and expenses, it’s hard to put money aside for two mortgage payments.At Sid Was Here, my management company, we’ve always offered to let guests pay into the future for longer stays.

As long as your insurance company is good with it, I think it's an excellent addition. 

Yes it is , I was actually able to set him up aTraditional IRA with the same company. no penalty since he’s 62 and pay no taxes long as We put the money back in 60 days.

So much for all that revenue they’re now losing from companies relocating to other states.

We are in the market for a trusted and recommended real estate agent who specializes in investment properties, a contractor for any future work needed, and a well-established property manager/management company (the most important to us).

Could you explain how you use local title companies to get leads?

I'm still building for others and will continue to for some time as that's the lifeblood of my company at this point but slowly shifting work load over to more "personal" projects and will be diving into spec homes this year to build capital to the point we can build to rent multifamily units.

It seems too good to be true and I am currently trying to research the company.  

You can maybe try dangling some future work in front of his face and see if he'll get his act together to finish up this 30k project and then just don't give him anything in the future.Overall, having a boots on the ground project manager (such as paying your property management company 10% project management fee) is really the best way to go about it.

Hoping one of you seasoned landlords can offer some advice.my wife and I owned a pm company in San Diego that we sold prior to our move to Iowa.Initially our plan was to start another pm company here where would manage our 6 rental Props and offer 3rd party management.We have adjusted that plan and are no longer thinking about starting a new pm firm.Initially we had set everything up with PMW (website) and their sister company Rentvine for our pm software.However, since we will now just be self managing our own properties, rentvine is a little too robust and expensive.We are trying to determine what consumer grade software to use that will still allow us to:Syndicate adsPlays nice with tenant turner Offers easy tenant payment optionsOffers customizable applicationsOffers lease templates that can be e signedOffers a tenant portal for maintenance requestsIf any landlords have suggestions let us know.Appreciate any help.