It is frustrating dealing with the calls because so many are annoyed by the letters (my area is heavily marketed) but it only takes a few good callers to make it worth it at the end of the day. 

That said I am a heavy construction contractor so I seek Value in doing full rehabs on heavily distressed properties. 

Most people who work without benefit of staff learn some basic Skiptracing techniques, lean on those heavily and sub out the tougher files.

As Joel Owens wisely pointed out, your plan heavily depends on a PM.

I used to invest there quite heavily in 2004.

This is part of why I chose a lower LTV was to keep positive cash flow while still enabling me to pull out 19k to keep as reserves for the property which has proven especially important with the onset of the COVID-19 pandemic.Doing this project from out of state presented a lot of challenges for me and I relied heavily on the contractors and my PM to provide me with updates, pictures, lots of phone conversations, and a great deal of learning for how to navigate a long-distance rehab.

Hi, I am buying a new rental property out of state and will be relying heavily on a property management to run daily operations for me.There are tenants already in the property and a property manager in place that the seller is currently using.Should I just continue with the same management company (considering the tenants are familiar with them) or use my agent as the new property manager (since he knows the property well and I have worked with him closely for a month now) or look for a completely fresh property management .Can someone please help me understand what’s the best thing to go with??

It's not discrimination to make them bring a translator and question them heavily to ensure they understand the contract.

The maps program is developing that area heavily and although you might wait a while to see the appreciation that's where I would place my bets.

I told him, your numbers are heavily inflated and you didn't provide any receipts?