All of my SF deals have  been with boomer+ landlords that have been self-managing for decades.I look for tired plexes like 70's builds that  need paint and window coverings with smokers and pit bulls as tenants and crude for rent signs.  

Can my property management company manage the property and receive the income?

We (an OH LLC) are trying to purchase a three-building portfolio from another LLC using seller financing.

I have a friend who has been using a real estate agent to manage his property with VRBO and Airbnb.

Far too often we see investors buy properties out of state believing an agent, property manager or wholesaler they it’s a good buy.

I've learned more about managing contractors, and trying/learning to get my processes in place for the next flip so It can almost be on auto pilot.

HI Josh, Condos are nice and easy to manage, however this could limit you from expanding your portfolio in real estate, if you are trying to grow and have multiple rentals in the near future.

In terms of next steps in your investing, does that mean you are actively investing and looking to grow your portfolio or would this be your first?

IF they can self manage successfully (which is a big ask), then this is an excellent option. 

My plan was to keep renting the house, however, the property manager has given us an estimate upwards of 30k in repairs for it to be in rentable condition again.