National STR Property Management companies are good, sometimes necessary, but also prohibitively expensive.

Hey William, I have 12-doors in Detroit (will be 14 next week) and 3 of them are rented to section 8 tenants.There are pros and cons, and I'm happy to talk about all of those if you want to connect.At the end of the day, S8 is a decent program and works well as a tool (not a strategy). 

@Laura Dagenais That's kinda lot to put into one company. 

Franky,My advise is to seek out multiple Independent Agents (they represent many Insurance companies - not just one). 

You can be all in at $45k-$55k on a decent house and get $650-$750 a month in rent.

With the new Business Owner/Investor continues to pay the Mortgage with a service company so payments Principal and Interest go to the Bank as scheduled per the original MortageHow can the new buyer do a wrap (#subject to) with the #first #lien for the underlying mortgage where as the Seller equity is in the second position?

Our current portfolio:-Florida SFH: Mortgage (includes HOA and PM company) = $2100.

I had some problems with the management company not advertising promotions at all and likely over-screening potential tenants.

Hi Megan,You can structure an LLC with an operating agreement and outline the share of ownership of the company.

@JT ThomsonEncourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.