This is the relationship piece that is missed by so many.

The thing is a lay person doesnt really understand what a title company is doing, so its hard for them to actually gage what is good or bad work.

He will no longer deal with the title company and this lawyer so I have chosen to seek a new attorney based title company to be sure no more legal issues arise to delay this further since the family member will sign but not to these people.

If so how did payouts work?

I try so hard to find the investor.

Working with our Rockstar agent, Bill Beck, we identified an excellent lakeside investment property near Silver Dollar City and other key Branson attractions that should (eventually) generate a 50% COC return (we have a lot of learning to do - so I'm not banking on that high of a return in the first few years).

Other question - From a rental income stand-point, its not going to cover the mortgage payment entirely since the prices are so high.

The key factor is the follow-up capabilities, so pick one that excels in that area.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

I only do STR during these 4 months so I don't know what the fall would have been like.