If you end up getting a Property Management company, they will typically have a lease (would still be a good idea to take their lease to your attorney for review)As for property management, hiring a company can make things a lot easier, especially if you’re managing from out of state.

This ensures they are keeping an eye on everything, they get to see what it's like to be a landlord, they have to take responsibility for the lawn and other maintenance, they will learn to deal with people issues, and more.

You then have to submit that code to your google page and then after you do that it will take a few days and then it should be verified. 

Purchase price: $340,000 Cash invested: $100,000 This is a Mother/Daughter with a water view - We rent it for over $3000 a month What made you interested in investing in this type of deal?

Loan to value ratio: The higher the loan to value ratio (LTV) is, pricing takes a hit.

But in my view it will properly work if you are committed to it as it needs to be properly and regularly funded on the long run.

I just want to take the right steps into building that portfolio.

I was working with an insurance agent from State Farm and they told me their underwriting process will take 3-5 weeks when we are already 2 weeks into the 30 day contract, so now I am without an insurance provider.

I would even consider taking listing photos with your furniture and set up as a home if you weren't already planning on doing so. 

In this interest rate environment, I dont recommend taking that risk. 4.